As of Feb. 12, 2024, five stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Shares of CommScope Holding Company, Inc. (NASDAQ: COMM) fell sharply during Monday’s session.
B of A Securities analyst Tal Liani downgraded CommScope from Neutral to Underperform and lowered the price target from $2.1 to $2.
CommScope shares dipped 6.9% to $2.2150 on Monday.
Companies Reporting Before The Bell
• OrganiGram Holdings (NASDAQ:OGI) is likely to report quarterly loss at $0.10 per share on revenue of $29.52 million.
Worthington Industries, Inc. (“Worthington Industries” or the “Company”) (NYSE:WOR), a leading industrial manufacturer, today announced that its Board of Directors (the “Board”)
Gainers
Bionomics Limited (NASDAQ: BNOX) shares jumped 308% to $4.00 after the company announced the ATTUNE trial met its primary endpoint showing BNC210 treatment led to a statistically significant reduction in total PTSD symptom severity at 12 weeks.