12 Industrials Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Thursday's intraday session, several industrials stocks experienced significant movements. Enovix, Avis Budget Group, Pitney Bowes, Nuburu, Valmont Industries, and Howmet Aerospace were among the gainers, with increases ranging from 15.36% to 35.3% following their Q1 earnings reports. Conversely, Vestis, Driven Brands Holdings, Energy Recovery, Professional Diversity, Enviri, and Paycom Software were among the losers, with decreases ranging from 12.82% to 41.4%, mostly due to their latest earnings reports.
May 02, 2024 | 4:31 pm
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NEGATIVE IMPACT
Driven Brands Holdings' stock dropped 25.99% to $10.85, with a market cap of $1.7 billion after Q1 earnings.
The significant decrease in Driven Brands Holdings' stock price after its Q1 earnings report indicates investor disappointment with its financial results.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Vestis shares fell 41.4% to $10.83 after Q2 earnings, with a market cap of $1.4 billion.
The sharp decline in Vestis's stock price post-Q2 earnings suggests a negative market reaction to its financial performance.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Avis Budget Group's stock rose 23.26% to $116.79, with a market cap of $4.1 billion after Q1 earnings.
Avis Budget Group's stock price increase following its Q1 earnings release indicates strong investor approval of its financial outcomes.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Enovix shares surged 35.3% to $8.81 after Q1 earnings, with a market cap of $1.4 billion.
The significant increase in Enovix's stock price following its Q1 earnings report suggests a positive investor response to the company's financial performance.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90