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 significant movement. Gainers included ZHONGCHAO, BurgerFi International, Cango, Uxin, PENN Entertainment, and PulteGroup, with PulteGroup's rise attributed to Q1 earnings release. Losers comprised Secoo Holding, Selina Hospitality, MGO Global, LKQ, Canoo, and Sabre, with LKQ's drop also linked to its Q1 earnings announcement.
April 23, 2024 | 12:06 pm
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NEGATIVE IMPACT
LKQ stock fell 4.97% to $46.5, with a market cap of $12.3 billion, after Q1 earnings were announced.
The decline post-Q1 earnings announcement indicates investor disappointment or concerns, potentially leading to short-term negative price movement.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 95
POSITIVE IMPACT
BurgerFi International shares rose 12.83% to $0.45, with a market cap of $12.1 million.
The pre-market rise indicates a bullish outlook, which could lead to short-term upward momentum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
PulteGroup's shares increased by 4.79% to $113.0, market value at $23.8 billion, following Q1 earnings release.
The positive reaction to Q1 earnings suggests strong performance, likely leading to continued investor interest and potential short-term gains.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 95
POSITIVE IMPACT
ZHONGCHAO shares surged 21.4% in pre-market, with a market value of $4.7 million.
The significant pre-market gain suggests positive investor sentiment, potentially leading to short-term price appreciation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90