12 Industrials Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's pre-market session, several industrials stocks showed notable movements. Woodward (WWD) and 3M (MMM) reported their Q2 and Q1 earnings, respectively, leading to significant stock price increases. Other gainers included Greenwave Tech Solns (GWAV), Earlyworks Co (ELWS), Broadwind (BWEN), and Pioneer Power Solutions (PPSI). On the downside, Lichen China (LICN), Swvl Hldgs (SWVL), Shimmick (SHIM), Safe & Green Holdings (SGBX), Argan (AGX), and iSun (ISUN) experienced declines in their stock prices.
April 30, 2024 | 12:06 pm
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NEGATIVE IMPACT
Argan's stock decreased by 4.82% to $59.1, with a market cap of $782.4 million.
The decline in Argan's stock price in the pre-market session could indicate investor concerns or reactions to broader market trends.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
3M stock increased by 6.33% to $98.0, with a market cap of $54.2 billion following its Q1 earnings report.
3M's stock price increase following its Q1 earnings report indicates a positive investor reaction, likely due to favorable earnings results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Woodward's stock rose 8.2% in pre-market trading after announcing Q2 earnings, with a market cap of $9.8 billion.
Earnings reports are critical events that can significantly impact a company's stock price. Woodward's positive movement suggests a favorable investor response to its Q2 earnings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90