12 Consumer Discretionary Stocks Moving In Tuesday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's after-market session, several consumer discretionary stocks showed notable movements. Gainers included 2U, Newegg Commerce, Linkage Global, Vision Marine, Tupperware Brands, and ToughBuilt Industries with increases ranging from 2.73% to 8.3%. On the losing end, Naas Technology, Color Star Tech, Golden Sun Health, Charles & Colvard, Allbirds, and Selina Hospitality saw declines between 2.37% and 4.8%. Vision Marine's rise was attributed to its Q2 earnings release.
April 16, 2024 | 8:32 pm
News sentiment analysis
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NEGATIVE IMPACT
Naas Technology's stock fell by 4.8% to $1.0, with a market value of $257.5 million.
The decline in Naas Technology's stock could be due to negative investor sentiment or reactions to market or company-specific news.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Newegg Commerce shares rose by 4.75% to $0.76, with a market cap of $288.7 million.
The increase in Newegg Commerce's stock price could reflect positive market reaction to company performance or sector trends.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
2U shares increased by 8.3% in after-market trading, with a market value of $26.7 million.
The significant after-market increase suggests positive investor sentiment, potentially due to recent company developments or broader market trends.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Vision Marine's stock increased by 4.05% to $0.6 after announcing Q2 earnings, with a market cap of $7.0 million.
The positive movement in Vision Marine's stock price post-Q2 earnings announcement indicates favorable investor response to the company's financial results.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90