12 Consumer Discretionary Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's pre-market session, 12 consumer discretionary stocks showed notable movements. Gainers included Connexa Sports Technologies, Kaixin Holdings, Genius Gr, Duolingo, Foresight Autonomous, and Jiuzi Hldgs, with increases ranging from 5.98% to 17.0%. Losers were led by Kaival Brands Innovations, Digital Brands Group, Guess, Allurion Technologies, Barnes & Noble Education, and Greenlane Hldgs, with declines between 6.71% and 15.9%. Market capitalizations varied significantly among these companies.
April 16, 2024 | 12:07 pm
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POSITIVE IMPACT
Duolingo shares rose 7.77% to $210.77, indicating strong market performance.
The significant pre-market increase for DUOL suggests robust investor confidence and potential for continued short-term growth.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Foresight Autonomous shares increased by 7.75% to $1.25, showing positive market momentum.
FRSX's pre-market gain suggests investor optimism and potential short-term upside, driven by positive market sentiment.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Genius Gr shares increased by 8.3% to $0.45, showing investor confidence.
GNS's pre-market rise suggests a favorable short-term outlook, possibly due to investor optimism about the company's prospects.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jiuzi Hldgs stock increased by 5.98% to $0.47, reflecting investor interest.
The pre-market rise for JZXN indicates a positive short-term outlook, likely driven by investor enthusiasm.
CONFIDENCE 70
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Kaixin Holdings' stock increased by 16.86% to $0.18, reflecting a positive market reaction.
The notable rise in pre-market trading could indicate short-term growth potential for KXIN, driven by investor optimism.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Connexa Sports Technologies Inc. shares rose by 17.0% to $2.62, indicating strong pre-market performance.
The significant pre-market increase suggests positive investor sentiment and potential short-term upward momentum for YYAI.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Allurion Technologies stock decreased by 7.54% to $2.21, showing market concerns.
ALUR's pre-market drop indicates potential short-term challenges or investor concerns, leading to bearish sentiment.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Barnes & Noble Education stock fell by 7.1% to $0.65, indicating negative investor reaction.
The pre-market decline for BNED suggests a bearish short-term outlook, possibly due to market or company-specific concerns.
CONFIDENCE 75
IMPORTANCE 75
RELEVANCE 80
NEGATIVE IMPACT
Digital Brands Group stock fell by 10.0% to $3.6 after Q4 earnings, indicating market disappointment.
The post-earnings drop for DBGI suggests the market's negative reaction to its Q4 results, likely leading to short-term bearish sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 90
NEGATIVE IMPACT
Guess shares fell 8.46% to $25.22, reflecting a downturn in investor sentiment.
The pre-market decline in GES shares suggests a negative short-term outlook, possibly due to broader market trends or company-specific factors.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 85
NEGATIVE IMPACT
Greenlane Hldgs stock decreased by 6.71% to $0.65, showing a downturn in market sentiment.
GNLN's pre-market decline suggests negative short-term sentiment, potentially due to investor concerns or market conditions.
CONFIDENCE 70
IMPORTANCE 65
RELEVANCE 75
NEGATIVE IMPACT
Kaival Brands Innovations stock declined by 15.9% to $5.3, indicating negative market sentiment.
The significant pre-market decline for KAVL suggests negative investor sentiment and potential short-term downward pressure.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90