12 Consumer Discretionary Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
Several consumer discretionary stocks experienced significant price movements during Thursday's intraday session. Notable gainers included EVgo, Gogoro, and NWTN, while TCTM Kids IT Education and Youdao were among the biggest losers.
October 03, 2024 | 4:31 pm
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POSITIVE IMPACT
EVgo shares surged by 50.5% to $5.92, significantly boosting its market cap to $628.3 million.
The substantial increase in EVgo's stock price suggests strong investor interest or positive news, likely leading to continued short-term upward momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Gogoro's stock rose by 25.79% to $0.63, with a market cap of $206.4 million.
Gogoro's significant price increase indicates positive sentiment or developments, suggesting potential short-term gains.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
NWTN shares increased by 13.29% to $0.75, raising its market cap to $214.6 million.
The rise in NWTN's stock price suggests positive investor sentiment, likely leading to short-term upward movement.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Youdao's stock decreased by 15.3% to $5.04, with a market cap of $602.3 million.
The decline in Youdao's stock price suggests negative investor sentiment, likely resulting in short-term downward movement.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 100
NEGATIVE IMPACT
TCTM Kids IT Education shares fell by 16.2% to $1.5, reducing its market cap to $14.7 million.
The sharp decline in TCTM's stock price indicates negative sentiment or news, likely leading to continued short-term downward pressure.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100