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. Notable gainers include Allurion Technologies (ALUR), Zapp Electric Vehicles (ZAPP), and MGO Global (MGOL), while significant losers include Kaival Brands Innovations (KAVL), SRIVARU Holding (SVMH), and Visionary Holdings (GV).
June 20, 2024 | 4:32 pm
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POSITIVE IMPACT
Allurion Technologies (NYSE:ALUR) shares surged by 152.8% to $2.68, significantly increasing its market cap to $128.5 million.
The substantial increase in share price indicates strong positive sentiment or news, likely leading to further short-term gains.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
MGO Global (NASDAQ:MGOL) stock rose by 75.58% to $0.8, with a market cap of $14.6 million.
The sharp increase in stock price indicates positive market sentiment, likely resulting in further short-term gains.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Zapp Electric Vehicles (NASDAQ:ZAPP) stock jumped 114.7% to $2.92, raising its market cap to $9.1 million.
The significant price increase suggests strong investor interest, likely leading to continued short-term upward momentum.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
Visionary Holdings (NASDAQ:GV) stock declined by 16.62% to $2.46, reducing its market cap to $8.4 million.
The significant drop in share price suggests negative sentiment, likely leading to further short-term declines.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Kaival Brands Innovations (NASDAQ:KAVL) stock dropped by 32.5% to $3.04, reducing its market cap to $8.7 million.
The significant decline in share price suggests negative sentiment or news, likely leading to further short-term losses.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
SRIVARU Holding (NASDAQ:SVMH) shares decreased by 18.0% to $0.2, with a market cap of $7.6 million.
The notable decline in stock price indicates negative market sentiment, likely resulting in further short-term losses.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100