12 Consumer Discretionary Stocks Moving In Wednesday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's after-market session, several consumer discretionary stocks showed significant movement following their Q1 earnings reports. Lulus Fashion Lounge, FAT Brands, Allbirds, Serve Robotics, Golden Entertainment, and Gogoro were among the gainers, with Lulus Fashion Lounge leading with a 14.4% increase. Conversely, Full House Resorts, Duolingo, Airbnb, Color Star Tech, Qurate Retail, and Foresight Autonomous were the losers, with Full House Resorts experiencing the largest drop of 13.2%.
May 08, 2024 | 8:31 pm
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NEGATIVE IMPACT
Airbnb shares fell 7.31% to $146.36, with a market cap of $92.9 billion after its Q1 earnings report.
The decline in ABNB's stock price post-Q1 earnings indicates a negative market reaction to its financial results, suggesting a bearish short-term outlook for Airbnb.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Full House Resorts saw a 13.2% decrease to $4.34, with a market cap of $150.1 million after its Q1 earnings report.
The significant drop in FLL's stock price following the Q1 earnings report suggests a negative investor reaction to the company's financial performance, indicating a bearish short-term outlook.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Allbirds stock increased by 6.45% to $0.66, with a market cap of $102.8 million following its Q1 earnings report.
Allbirds' stock price rise post-Q1 earnings indicates a positive investor response to its financial results, suggesting a bullish short-term outlook for BIRD.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
FAT Brands shares increased by 6.51% to $16.02 in the after-market session.
The rise in FATBP's stock price, although not directly linked to an earnings report in the news, suggests a positive market sentiment that could lead to a bullish short-term trend.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Lulus Fashion Lounge stock surged 14.4% to $1.75 after its Q1 earnings report, with a market value of $72.3 million.
The significant rise in LVLU's stock price following the Q1 earnings report suggests positive investor reaction to the company's financial performance, indicating a bullish short-term outlook.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90