12 Industrials Stocks Moving In Thursday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's pre-market session, several industrial stocks experienced significant price movements. Notable gainers include Nixxy, Staffing 360 Solutions, and ShiftPixy, with Nixxy seeing a remarkable 240.1% increase. On the losing side, Erayak Power Solution Group and Insteel Industries saw declines, with Insteel's drop linked to its Q4 earnings release.
October 17, 2024 | 12:10 pm
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POSITIVE IMPACT
Nixxy shares surged 240.1% in pre-market trading, significantly increasing its market cap to $32.4 million.
The substantial increase in Nixxy's stock price suggests strong investor interest or positive news, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
ShiftPixy shares increased by 178.9% in pre-market trading, raising its market cap to $115.0 million.
The significant rise in ShiftPixy's stock price suggests positive sentiment or news, likely resulting in a short-term price increase.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Staffing 360 Solutions saw its stock price rise by 183.7% in pre-market trading, with a market cap of $3.4 million.
The sharp increase in Staffing 360 Solutions' stock price indicates a positive market reaction, likely leading to a short-term price increase.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Insteel Industries shares declined by 6.34% in pre-market trading following the release of its Q4 earnings.
The drop in Insteel's stock price is directly linked to its Q4 earnings release, indicating a negative market reaction to the earnings report.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
Erayak Power Solution Group's stock fell 12.2% in pre-market trading, with a market cap of $27.3 million.
The decline in Erayak's stock price suggests negative sentiment or news, likely leading to a short-term price decrease.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100