12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
The article highlights the pre-market movements of several consumer discretionary stocks on Wednesday. Notable gainers include Chegg (CHGG), La-Z-Boy (LZB), and 2U (TWOU), while significant losers include Connexa Sports Techs (YYAI), Interactive Strength (TRNR), and SRIVARU Holding (SVMH).
June 19, 2024 | 12:06 pm
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POSITIVE IMPACT
Chegg's stock increased by 16.9% to $3.05 in the pre-market session, with a market cap of $311.7 million.
Chegg's significant pre-market gain suggests positive investor sentiment, likely driving short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
La-Z-Boy's stock rose 14.25% to $38.95 in the pre-market session, following the release of their Q4 earnings two days ago.
The rise in La-Z-Boy's stock price is likely due to positive reception of their Q4 earnings report, indicating strong financial performance.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
2U's stock increased by 10.74% to $6.7 in the pre-market session, with a market cap of $18.7 million.
2U's significant pre-market gain suggests positive investor sentiment, likely driving short-term price appreciation.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
SRIVARU Holding's stock fell 22.0% to $0.19 in the pre-market session, with a market cap of $6.9 million.
The sharp decline in SRIVARU Holding's stock price indicates negative investor sentiment, likely leading to further short-term depreciation.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 100
NEGATIVE IMPACT
Interactive Strength's stock declined by 25.31% to $3.66 in the pre-market session, with a market cap of $2.3 million.
The significant drop in Interactive Strength's stock price suggests negative investor sentiment, likely leading to further short-term depreciation.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Connexa Sports Techs' stock declined by 28.9% to $0.39 in the pre-market session, with a market cap of $15.8 million.
The sharp decline in Connexa Sports Techs' stock price indicates negative investor sentiment, likely leading to further short-term depreciation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100