12 Consumer Discretionary Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Wednesday's intraday session, 12 consumer discretionary stocks saw significant movements. Notably, Rocky Brands (RCKY) surged 26.5% after Q1 earnings, while Leggett & Platt (LEG) dropped 27.9% following their Q1 report. Other gainers include Lulus Fashion Lounge (LVLU) and NIO (NIO), with increases of 14.84% and 12.71%, respectively. Among the losers, Starbucks (SBUX) fell 16.94% post-Q2 earnings, and GrowGeneration (GRWG) declined by 20.24%.
May 01, 2024 | 4:31 pm
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NEGATIVE IMPACT
GrowGeneration's stock decreased by 20.24% to $2.38, possibly due to market reactions to external factors or earnings.
GRWG's stock price decline could be attributed to negative market sentiment, possibly influenced by external factors or disappointing earnings.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80
NEGATIVE IMPACT
Leggett & Platt's stock declined 27.9% to $13.03 after its Q1 earnings report, indicating potential concerns.
The steep decline in LEG's stock price post-Q1 earnings suggests the market reacted negatively to the report, possibly due to underperformance or future concerns.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Starbucks fell 16.94% to $73.5 following its Q2 earnings release, reflecting investor disappointment.
The significant drop in SBUX's stock price post-Q2 earnings indicates investor disappointment or concerns over the company's performance or future outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Rocky Brands surged 26.5% to $32.6 after announcing Q1 earnings, indicating strong performance.
The significant surge in RCKY's stock price following the Q1 earnings announcement suggests positive investor sentiment and strong company performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90