12 Consumer Discretionary Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
The article highlights significant intraday movements in consumer discretionary stocks on Thursday. Faraday Future (FFIE) saw a remarkable 107.1% increase, while GameStop (GME) experienced a 23.8% decline. Other notable gainers include Kaixin Holdings (KXIN) and SRIVARU Holding (SVMH), while a.k.a. Brands Holding (AKA) and Tupperware Brands (TUP) were among the losers.
May 16, 2024 | 4:31 pm
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POSITIVE IMPACT
Faraday Future shares increased by 107.1% to $1.46, significantly boosting its market value to $62.3 million.
The substantial increase in FFIE's share price indicates strong positive sentiment or news, likely leading to further short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Kaixin Holdings stock increased by 47.81% to $0.19, with a market cap of $11.3 million.
The sharp rise in KXIN's stock price indicates positive market sentiment, likely leading to further short-term gains.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
SRIVARU Holding shares rose 21.32% to $0.15, with a market cap of $4.8 million.
The increase in SVMH's share price suggests positive sentiment, likely leading to further short-term gains.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
a.k.a. Brands Holding stock fell 12.55% to $25.8, with a market cap of $270.5 million.
The decline in AKA's stock price indicates negative sentiment, likely leading to further short-term declines.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
GameStop shares declined by 23.8% to $30.15, reducing its market cap to $9.2 billion.
The significant drop in GME's share price suggests negative sentiment or adverse news, likely leading to further short-term declines.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Tupperware Brands stock fell 10.28% to $1.61, with a market cap of $75.1 million.
The drop in TUP's stock price suggests negative sentiment, likely leading to further short-term declines.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 60