REE Automotive Stock (NASDAQ:REE), Trade Ideas

REE Automotive

REE Automotive Ltd is an automotive technology company focused on building commercial electric vehicles controlled fully by-wire. The company is developing REEcorner technology which packs critical vehicle components into a single compact module positioned between the chassis and the wheel as well as building commercial Electric Vehicles (EV) leveraging REEcorner technology. The company has geographical preference in Israel, Germany, United States, United Kingdom, and other regions.

REE, REE Automotive

Earnings

Equities

News

Movers

General

REE Automotive Q4 FY23 sales surge 116% Q/Q but miss analyst expectations. Revenue at $455,000 falls short of $1.35 million estimate. Non-GAAP EPS loss at $(3.15) misses consensus $(2.38).

Why Is REE Automotive Stock Trading Lower Today?

REE Automotive Ltd. NASDAQ: REE) shares are trading higher on Thursday after the company announced that it began deliveries of its P7-C electric chassis cab after it received a Federal Motor Vehicle Safety Standards 

Why REE Automotive Stock Surged Today

Guidance

Markets

REE Automotive Ltd (NASDAQ: REE) reported 

REE Automotive Eyes Shipping First Demo Vehicles To Customers By Christmas: Details

REE Automotive Ltd. - Class A Ordinary Shares

REE Automotive Ltd

Reece Ltd

Reed's Inc

RareX Ltd

REEF - United States Dollar

RESOURCES & ENERGY GROUP by RESOURCES & ENERGY GROUP LTD.

Resources & Energy Group Ltd

RARE ELEMENT RES LTD by Rare Element Resources Ltd.

Rare Element Resources Ltd

iShares Trust iShares Global REIT ETF

<h3>Gainers</h3>
<ul>
<li>Rent the Runway (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RENT#NASDAQ">RENT</a>) shares rose 38.8% to $7.54 during Wednesday's regular session. The company's market cap stands at $26.7 million. As per the press release, Q4 earnings came out today. </li>
<li>Selina Hospitality (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNA#NASDAQ">SLNA</a>) shares rose 12.73% to $0.09. The market value of their outstanding shares is at $26.7 million. </li>
<li>Color Star Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADD#NASDAQ">ADD</a>) stock rose 11.01% to $0.24. The company's market cap stands at $5.3 million. </li>
<li>Cazoo Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CZOO#NYSE">CZOO</a>) stock increased by 9.46% to $11.49. The company's market cap stands at $56.2 million. </li>
<li>U Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCAR#NASDAQ">UCAR</a>) shares rose 9.1% to $5.75. The company's market cap stands at $14.1 million. </li>
<li>Dogness (Intl) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOGZ#NASDAQ">DOGZ</a>) shares moved upwards by 6.95% to $7.38. The company's market cap stands at $15.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Faraday Future (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIE#NASDAQ">FFIE</a>) stock declined by 16.8% to $0.09 during Wednesday's regular session. The market value of their outstanding shares is at $3.9 million. </li>
<li>REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) stock fell 10.46% to $4.11. The company's market cap stands at $44.5 million. </li>
<li>iRobot (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRBT#NASDAQ">IRBT</a>) stock fell 9.3% to $9.27. The company's market cap stands at $259.2 million. </li>
<li>Revolve Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RVLV#NYSE">RVLV</a>) shares fell 8.96% to $19.11. The company's market cap stands at $1.3 billion. </li>
<li>Luminar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>) stock declined by 8.86% to $1.75. The company's market cap stands at $738.3 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CZOO

DOGZ

FFIE

IRBT

LAZR

RENT

RVLV

SLNA

UCAR

11 Consumer Discretionary Stocks Moving In Wednesday's Intraday Session

Management

SBOT

CORRECTION: Brian Read Named CFO Of Serve Robotics, Effective On Or Around April 29, 2024

Wells Fargo analyst Colin Langan maintains REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) with a Underweight and lowers the price target from $4.5 to $4.

Price Target

Analyst Ratings

Wells Fargo Maintains Underweight on REE Automotive, Lowers Price Target to $4

HC Wainwright &amp; Co. analyst Amit Dayal reiterates REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) with a Buy and maintains $15 price target.

Reiteration

HC Wainwright & Co. Reiterates Buy on REE Automotive, Maintains $15 Price Target

REE Automotive Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) reported fourth-quarter FY23 sales growth of 116% Q/Q to $455,000, <a href="https://www.benzinga.com//node/37953788" target="_blank" rel="noreferrer noopener">missing the analyst consensus estimate of $1.35 million.</a>
Operating expenses for the quarter expanded to $36.7 million from $27.8 million a year ago. Non-GAAP EPS loss of $(3.15), <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">missed the consensus of $(2.38).</a>
The operating loss for the quarter was $(37.2) million versus a loss of $(27.8) million last year. Adjusted EBITDA loss expanded to $(32.2) million in the quarter.
The company ended the quarter with liquidity of $86 million, comprised of cash and cash equivalents and short-term investments. It used $(89.3) million in operating cash flow during the year.
&#8220;I&#8217;m happy to report that much of the heavy lifting is behind us on the path to commercialization, our technology is mature, tested and Powered by REE vehicles are certified (CARB, EPA and FMVSS) and eligible for significant incentives,&#8221; said co-founder and CEO Daniel Barel.
&#8220;While we are confident in our market position, we recognize the challenging macroeconomic conditions. We are doing what we can to combat these external forces, including securing funding with favorable terms, being disciplined with our cash management, and ensuring operational efficiency.&#8221;
As of March 27, 2024, the company&#8217;s order book value has exceeded $50 million.
REE Automotive also reported expansion of its authorized dealer network, which now covers 66 locations of <a href="https://www.benzinga.com//node/37953703" target="_blank" rel="noreferrer noopener">sales and service across the U.S. and Canada.</a>
Price Action: REE shares are trading lower by 4.92% at $5.80 in premarket on the last check Wednesday.

REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) reported quarterly adjusted losses of $(3.15) per share which missed the analyst consensus estimate of $(2.38) by 32.35 percent. This is a 2763.64 percent decrease over losses of $(0.11) per share from the same period last year. The company reported quarterly sales of $455.00 thousand which missed the analyst consensus estimate of $1.35 million by 66.30 percent.

REE Automotive Q4 Adjusted EPS $(3.15) Misses $(2.38) Estimate, Sales $455.00K Miss $1.35M Estimate

REE Automotive Orderbook Value Surpasses $50M

<h3>Companies Reporting Before The Bell</h3>
&bull; Local Bounti (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOCL#NYSE">LOCL</a>) is projected to report quarterly loss at $2.41 per share on revenue of $8.70 million.
&bull; REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) is estimated to report quarterly loss at $2.38 per share on revenue of $1.35 million.
&bull; Precision BioSciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTIL#NASDAQ">DTIL</a>) is projected to report quarterly loss at $2.05 per share on revenue of $12.48 million.
&bull; Edap TMS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDAP#NASDAQ">EDAP</a>) is expected to report quarterly loss at $0.05 per share on revenue of $19.66 million.
&bull; Vanguard Extended Duration Treasury ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDV#NYSE">EDV</a>) is expected to report earnings for its fourth quarter.
&bull; Cellectar Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLRB#NASDAQ">CLRB</a>) is likely to report earnings for its fourth quarter.
&bull; Gamida Cell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMDA#NASDAQ">GMDA</a>) is projected to report quarterly loss at $0.15 per share on revenue of $1.06 million.
&bull; PDS Biotechnology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDSB#NASDAQ">PDSB</a>) is likely to report earnings for its fourth quarter.
&bull; Altimmune (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALT#NASDAQ">ALT</a>) is projected to report earnings for its fourth quarter.
&bull; Syros Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYRS#NASDAQ">SYRS</a>) is estimated to report quarterly loss at $1.14 per share on revenue of $2.00 million.
&bull; Lands&#39; End (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LE#NASDAQ">LE</a>) is expected to report quarterly earnings at $0.21 per share on revenue of $502.71 million.
&bull; Cintas (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTAS#NASDAQ">CTAS</a>) is projected to report quarterly earnings at $3.58 per share on revenue of $2.39 billion.
&bull; GlycoMimetics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLYC#NASDAQ">GLYC</a>) is projected to report earnings for its fourth quarter.
&bull; Sonida Senior Living (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNDA#NYSE">SNDA</a>) is projected to report earnings for its fourth quarter.
&bull; UniFirst (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNF#NYSE">UNF</a>) is projected to report quarterly earnings at $1.42 per share on revenue of $587.84 million.
<h3>Companies Reporting After The Bell</h3>
&bull; Creative Media (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCT#NASDAQ">CMCT</a>) is estimated to report quarterly loss at $0.48 per share on revenue of $30.20 million.
&bull; Draganfly (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DPRO#NASDAQ">DPRO</a>) is likely to report earnings for its fourth quarter.
&bull; VNET Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNET#NASDAQ">VNET</a>) is projected to report quarterly loss at $0.18 per share on revenue of $279.03 million.
&bull; RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>) is estimated to report quarterly earnings at $1.67 per share on revenue of $777.48 million.
&bull; American Shared Hospital (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AMS#AMEX">AMS</a>) is estimated to report quarterly earnings at $0.02 per share on revenue of $5.19 million.
&bull; Cosan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CSAN#NYSE">CSAN</a>) is likely to report quarterly earnings at $0.16 per share on revenue of $7.45 billion.
&bull; Greenidge Generation Hldg (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GREE#NASDAQ">GREE</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $26.70 million.
&bull; Gaia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GAIA#NASDAQ">GAIA</a>) is estimated to report quarterly loss at $0.02 per share on revenue of $21.00 million.
&bull; Allied Gaming (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGAE#NASDAQ">AGAE</a>) is projected to report earnings for its fourth quarter.
&bull; Jefferies Financial Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JEF#NYSE">JEF</a>) is likely to report quarterly earnings at $0.75 per share on revenue of $1.52 billion.
&bull; LogicMark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGMK#NASDAQ">LGMK</a>) is expected to report quarterly loss at $1.73 per share on revenue of $2.28 million.
&bull; H.B. Fuller (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUL#NYSE">FUL</a>) is projected to report quarterly earnings at $0.64 per share on revenue of $825.03 million.
&bull; Sprinklr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXM#NYSE">CXM</a>) is likely to report quarterly earnings at $0.09 per share on revenue of $188.73 million.
&bull; Dynagas LNG Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLNG#NYSE">DLNG</a>) is expected to report quarterly earnings at $0.30 per share on revenue of $38.21 million.
&bull; Durect (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRRX#NASDAQ">DRRX</a>) is estimated to report quarterly loss at $0.33 per share on revenue of $2.48 million.
&bull; Celcuity (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELC#NASDAQ">CELC</a>) is expected to report earnings for its fourth quarter.
&bull; BioCardia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCDA#NASDAQ">BCDA</a>) is estimated to report quarterly loss at $0.11 per share on revenue of $90 thousand.
&bull; Consolidated Water Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CWCO#NASDAQ">CWCO</a>) is likely to report quarterly earnings at $0.44 per share on revenue of $45.25 million.
&bull; Silver Spike Investment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSIC#NASDAQ">SSIC</a>) is projected to report quarterly earnings at $0.27 per share on revenue of $3.37 million.
&bull; Urban-gro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UGRO#NASDAQ">UGRO</a>) is estimated to report quarterly loss at $0.13 per share on revenue of $28.94 million.
&bull; PLBY Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLBY#NASDAQ">PLBY</a>) is estimated to report quarterly loss at $0.14 per share on revenue of $32.27 million.
&bull; Usio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/USIO#NASDAQ">USIO</a>) is projected to report quarterly earnings at $0.00 per share on revenue of $20.43 million.
&bull; Franklin Covey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FC#NYSE">FC</a>) is estimated to report quarterly earnings at $0.05 per share on revenue of $62.02 million.
&bull; Super League Enterprise (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLE#NASDAQ">SLE</a>) is estimated to report quarterly loss at $1.20 per share on revenue of $9.30 million.
&bull; Spectral AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDAI#NASDAQ">MDAI</a>) is estimated to report quarterly loss at $0.40 per share on revenue of $4.60 million.
&bull; Strata Skin Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSKN#NASDAQ">SSKN</a>) is estimated to report quarterly loss at $0.02 per share on revenue of $10.01 million.
&bull; Verint Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNT#NASDAQ">VRNT</a>) is estimated to report quarterly earnings at $0.97 per share on revenue of $263.12 million.
&bull; Eastside Distilling (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EAST#NASDAQ">EAST</a>) is projected to report quarterly loss at $0.90 per share on revenue of $3.68 million.
&bull; Braze (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRZE#NASDAQ">BRZE</a>) is likely to report quarterly loss at $0.05 per share on revenue of $124.86 million.
&bull; Oncology Institute (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOI#NASDAQ">TOI</a>) is expected to report quarterly loss at $0.11 per share on revenue of $82.04 million.
&bull; Aqua Metals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AQMS#NASDAQ">AQMS</a>) is expected to report quarterly loss at $0.05 per share on revenue of $50 thousand.
&bull; Kingstone Companies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KINS#NASDAQ">KINS</a>) is estimated to report quarterly loss at $0.08 per share on revenue of $29.65 million.
&bull; MillerKnoll (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLKN#NASDAQ">MLKN</a>) is projected to report quarterly earnings at $0.44 per share on revenue of $909.50 million.
&bull; Rumble (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>) is likely to report quarterly loss at $0.22 per share on revenue of $28.13 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

AGAE

AQMS

BCDA

BRZE

CELC

CLRB

CMCT

CSAN

CTAS

CWCO

DLNG

DPRO

DRRX

DTIL

EAST

EDAP

GAIA

GLYC

GMDA

GREE

KINS

LGMK

LOCL

MDAI

MLKN

PDSB

PLBY

SNDA

SSIC

SSKN

SYRS

UGRO

USIO

VNET

VRNT

Earnings Scheduled For March 27, 2024

REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-03-27. Here's what investors need to know before the announcement.
Analysts estimate that REE Automotive will report an earnings per share (EPS) of $-2.38. 
REE Automotive bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $1.63, which was followed by a 5.75% drop in the share price the next day.
Here's a look at REE Automotive's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-3.62</td>
<td>-0.11</td>
<td>-0.11</td>
<td>-0.17</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-1.99</td>
<td>-0.11</td>
<td>-0.12</td>
<td>-0.11</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-6.0%</td>
<td>8.0%</td>
<td>4.0%</td>
<td>-6.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1711472463_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of REE Automotive were trading at $5.88 as of March 25. Over the last 52-week period, shares are down 39.41%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<a href="https://www.benzinga.com/quote/REE/earnings">To track all earnings releases for REE Automotive visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Preview: REE Automotive's Earnings

<a href="https://www.globenewswire.com/Tracker?data=kfkFVapTwJQdyDDt9n9CHtljM_uIY71VOQ1JmswUZE_HSkqwIseNvyuMYuhbtlHLC0W_fbSlsmcJIHwixOOk1nQzfpZGOtymD8aQHQfPfWY=">REE Automotive Ltd.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) ("REE" or the "Company") has been selected by Airbus UpNext, wholly-owned innovation subsidiary of <a href="https://www.globenewswire.com/Tracker?data=HxUNToajSojHnIsd-einYs0t-9JaffLKzi7GsKt6OuUz432i-zDPgBiFSerfyxGVMSta2Vg-WgiQ6F4GMK4pNw==">Airbus SE</a>&nbsp;(stock exchange symbol: EADSY), to provide technological know-how based upon its REEcorner&#xAE; and full-by-wire control systems.
"Our fully-by-wire technology was carefully selected by Airbus UpNext to support their need in a research &amp; technology demonstrator," said Tali Miller, Chief Business Officer of REE. "This contract is a recognition for our fully-by-wire technology."
To learn more about REE's patented technology and unique value proposition that positions the company to break new ground in e-mobility, visit <a href="https://www.globenewswire.com/Tracker?data=dWgy0Stm9FTy9PScstfxkaYeCmFIWlFIYFlbgPLj7HbclckYbG4d2cT5yzYTqcZeYSDVz7z21n2TZjcM9TEnvw==">www.ree.auto</a>.

European Aeronautic Defence And Space Unsponsored

EADSY

REE Automotive Selected By Airbus UpNext To Provide Technological Know-how Based Upon Its REEcorner And Full-By-Wire Control Systems

<h3>Gainers</h3>
<ul>
<li>Xponential Fitness (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPOF#NYSE">XPOF</a>) shares moved upwards by 40.5% to $14.16 during Friday's regular session. The market value of their outstanding shares is at $437.4 million. As per the press release, Q4 earnings came out yesterday. </li>
<li>RealReal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REAL#NASDAQ">REAL</a>) stock moved upwards by 37.29% to $2.43. The company's market cap stands at $251.1 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Sweetgreen (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SG#NYSE">SG</a>) shares rose 30.22% to $16.59. The company's market cap stands at $1.8 billion. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Cheetah Net Supply Chain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTNT#NASDAQ">CTNT</a>) shares moved upwards by 18.91% to $2.2. The company's market cap stands at $39.4 million. </li>
<li>Hesai Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) shares moved upwards by 16.8% to $4.31. The company's market cap stands at $541.0 million. </li>
<li>Purple Innovation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRPL#NASDAQ">PRPL</a>) shares moved upwards by 12.63% to $2.1. The market value of their outstanding shares is at $221.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Fisker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSR#NYSE">FSR</a>) shares declined by 39.0% to $0.44 during Friday's regular session. The company's market cap stands at $237.5 million. As per the press release, Q4 earnings came out yesterday. </li>
<li>Jakks Pacific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAKK#NASDAQ">JAKK</a>) shares declined by 25.88% to $26.02. The market value of their outstanding shares is at $262.1 million. As per the press release, Q4 earnings came out yesterday. </li>
<li>Volcon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLCN#NASDAQ">VLCN</a>) stock fell 24.82% to $1.0. The company's market cap stands at $1.2 million. </li>
<li>REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) stock fell 15.28% to $6.63. The market value of their outstanding shares is at $55.5 million. </li>
<li>Everi Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVRI#NYSE">EVRI</a>) shares declined by 9.83% to $10.7. The company's market cap stands at $895.5 million. The company's, Q4 earnings came out yesterday. </li>
<li>Connexa Sports Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXA#NASDAQ">CNXA</a>) shares declined by 8.47% to $0.27. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CONNEXA SPORTS TECH INC by Connexa Sports Technologies Inc.

CNXA

CTNT

EVRI

HSAI

JAKK

PRPL

REAL

VLCN

XPOF

12 Consumer Discretionary Stocks Moving In Friday's Intraday Session

Offerings

REE Automotive Announces Pricing Of Public Offering Of 2M Shares At $6.50/Share

<h3>Gainers</h3>
<ul>
<li>J-Long Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JL#NASDAQ">JL</a>) stock rose 33.0% to $2.66 during Friday's pre-market session. The market value of their outstanding shares is at $83.5 million. </li>
<li>Sweetgreen (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SG#NYSE">SG</a>) shares rose 18.99% to $15.16. The market value of their outstanding shares is at $1.7 billion. The company's, Q4 earnings came out yesterday. </li>
<li>RealReal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REAL#NASDAQ">REAL</a>) shares rose 16.94% to $2.07. The market value of their outstanding shares is at $213.9 million. The company's, Q4 earnings came out yesterday. </li>
<li>Golden Sun Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSUN#NASDAQ">GSUN</a>) shares rose 9.39% to $0.74. The company's market cap stands at $14.1 million. </li>
<li>Cango (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CANG#NYSE">CANG</a>) stock moved upwards by 9.33% to $1.64. The market value of their outstanding shares is at $220.9 million. </li>
<li>U Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCAR#NASDAQ">UCAR</a>) shares moved upwards by 7.92% to $0.08. The company's market cap stands at $4.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Fisker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSR#NYSE">FSR</a>) stock declined by 29.3% to $0.51 during Friday's pre-market session. The market value of their outstanding shares is at $275.3 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) stock fell 12.52% to $6.85. The market value of their outstanding shares is at $57.3 million. </li>
<li>Jakks Pacific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAKK#NASDAQ">JAKK</a>) stock fell 10.06% to $31.58. The company's market cap stands at $318.1 million. As per the press release, Q4 earnings came out yesterday. </li>
<li>Green Brick Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRBK#NYSE">GRBK</a>) stock fell 8.38% to $53.6. The market value of their outstanding shares is at $2.4 billion. The company's, Q4 earnings came out yesterday. </li>
<li>GigaCloud Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GCT#NASDAQ">GCT</a>) shares decreased by 5.21% to $35.5. The company's market cap stands at $1.4 billion. </li>
<li>Universal Electronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UEIC#NASDAQ">UEIC</a>) shares fell 4.67% to $8.38. The company's market cap stands at $107.9 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CANG

GRBK

GSUN

UEIC

12 Consumer Discretionary Stocks Moving In Friday's Pre-Market Session

The Company expects to grant the underwriter a 20-day option to purchase up to an additional&nbsp;15%&nbsp;of the number of ordinary shares sold in the offering to cover over-allotments, if any.&nbsp;M&amp;G Investment Management Limited&nbsp;has indicated an interest in purchasing ordinary shares in the offering at the public offering price.&nbsp;&nbsp;REE intends to use the net proceeds from the offering primarily for working capital and general corporate purposes, including continued product development and commercialization.

REE Automotive Launches Public Offering To Offer And Sell Its Class A Ordinary Shares; No Terms Disclosed

<h3>Gainers</h3>
<ul>
<li>Fitell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTEL#NASDAQ">FTEL</a>) stock increased by 30.1% to $3.85 during Thursday's regular session. The company's market cap stands at $42.8 million. </li>
<li>GigaCloud Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GCT#NASDAQ">GCT</a>) stock increased by 24.38% to $34.12. The market value of their outstanding shares is at $1.3 billion. </li>
<li>Golden Heaven Group Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDHG#NASDAQ">GDHG</a>) stock rose 21.04% to $0.53. The company's market cap stands at $27.5 million. </li>
<li>Codere Online Luxembourg (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDRO#NASDAQ">CDRO</a>) stock moved upwards by 20.16% to $7.09. The company's market cap stands at $321.1 million. </li>
<li>Installed Building Prods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBP#NYSE">IBP</a>) shares moved upwards by 11.19% to $225.22. The market value of their outstanding shares is at $6.3 billion. The company's, Q4 earnings came out today. </li>
<li>Jumia Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NYSE">JMIA</a>) shares moved upwards by 10.73% to $4.64. The company's market cap stands at $466.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) stock declined by 25.4% to $11.47 during Thursday's regular session. The market value of their outstanding shares is at $10.9 billion. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Lucid Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) stock decreased by 16.94% to $3.07. The market value of their outstanding shares is at $7.0 billion. The company's, Q4 earnings came out yesterday. </li>
<li>BowFlex (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BFX#NYSE">BFX</a>) stock decreased by 14.1% to $0.18. The company's market cap stands at $6.5 million. </li>
<li>Standard Motor Products (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMP#NYSE">SMP</a>) shares declined by 13.17% to $34.84. The market value of their outstanding shares is at $757.0 million. As per the press release, Q4 earnings came out today. </li>
<li>Yunji (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YJ#NASDAQ">YJ</a>) shares fell 11.33% to $0.94. The market value of their outstanding shares is at $18.9 million. </li>
<li>REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) shares declined by 10.97% to $6.48. The company's market cap stands at $54.3 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CDRO

FTEL

GDHG

JMIA

LCID

RIVN

12 Consumer Discretionary Stocks Moving In Thursday's Intraday Session

<h3>Gainers</h3>
<ul>
<li>ContextLogic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WISH#NASDAQ">WISH</a>) shares moved upwards by 46.1% to $6.58 during Monday's regular session. The company's market cap stands at $157.8 million. </li>
<li>Children's Place (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) stock increased by 28.02% to $16.01. The company's market cap stands at $199.7 million. </li>
<li>Motorcar Parts of America (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPAA#NASDAQ">MPAA</a>) shares rose 16.92% to $10.06. The company's market cap stands at $197.7 million. The company's, Q3 earnings came out yesterday. </li>
<li>2U (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWOU#NASDAQ">TWOU</a>) shares moved upwards by 15.65% to $0.92. The company's market cap stands at $75.4 million. As per the press release, Q4 earnings came out today. </li>
<li>Youdao (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAO#NYSE">DAO</a>) stock increased by 15.49% to $4.43. The market value of their outstanding shares is at $550.8 million. </li>
<li>REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) stock increased by 14.8% to $7.41. The market value of their outstanding shares is at $62.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Big Lots (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BIG#NYSE">BIG</a>) stock declined by 30.4% to $3.73 during Monday's regular session. The company's market cap stands at $108.9 million. </li>
<li>Fitell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTEL#NASDAQ">FTEL</a>) shares decreased by 20.24% to $2.76. The company's market cap stands at $30.6 million. </li>
<li>SunCar Tech Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDA#NASDAQ">SDA</a>) shares decreased by 11.87% to $6.39. The market value of their outstanding shares is at $562.9 million. </li>
<li>Golden Heaven Group Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDHG#NASDAQ">GDHG</a>) shares declined by 9.71% to $0.51. The company's market cap stands at $26.6 million. </li>
<li>Vince Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNCE#NYSE">VNCE</a>) shares declined by 8.59% to $3.3. The company's market cap stands at $41.2 million. </li>
<li>Connexa Sports Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXA#NASDAQ">CNXA</a>) stock decreased by 8.45% to $0.3. The market value of their outstanding shares is at $1.0 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

MPAA

PLCE

Market Index Target Term Securities Linked To The Dow Jones Industrial Average

TWOU

VNCE

WISH

12 Consumer Discretionary Stocks Moving In Monday's Intraday Session

REE Automotive Ltd. NASDAQ: REE) shares are trading higher on Thursday after the company announced that it began deliveries of its P7-C electric chassis cab after it received a Federal Motor Vehicle Safety Standards <a href="https://www.benzinga.com/pressreleases/24/01/g36589949/ree-completes-u-s-certification-of-full-by-wire-vehicles-and-begins-customer-deliveries-of-its-p7-">and EPA certification</a>.
What To Know: The company will leverage its Authorized Dealer Network to facilitate the customer deliveries of the first batch of P7-C demonstration trucks for several fleets evaluations in North America. One of the top U.S. dealers,&nbsp;Pritchard EV, is the first to receive the truck for a roadshow with its sizeable fleet customers. In the coming weeks, more REE authorized dealers and leading fleets are anticipated to receive additional P7-C demonstration units.
The news is also significant as it gives the P7-C the distinction of being the first fully by-wire truck to achieve U.S. FMVSS and EPA certification.
&quot;I believe our REEcorner is a true gamechanger, allowing us to build electric trucks that fleets will want to buy, and drivers will love to drive as we continue to see a strong demand for our work trucks,&quot; said Daniel Barel, CEO and co-founder of REE Automotive.
&quot;I am incredibly proud of the team at REE for completing certification of the automotive industry&#39;s first ever fully x-by-wire vehicle. Our customers have been eagerly waiting for our vehicles to be ready to deliver and now our first demo trucks are on their way to dealerships for customer evaluations.&quot;
Related Link: <a href="https://www.benzinga.com/news/24/01/36600665/whats-up-with-bit-brother-bets-stock">What&#39;s Up With Bit Brother (BETS) Stock?</a>
REE Price Action: Shares of REE Automotive were up 23.9% at $5.81 at the time of publication, according to <a href="http://pro.benzinga">Benzinga Pro</a>.
Image by <a href="https://pixabay.com/users/paulbr75-2938186/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=2301604">Paul Brennan</a> from <a href="https://pixabay.com//?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=2301604">Pixabay</a>
<img alt="" src="https://www.benzinga.com/files/u1437295/newplot21.jpeg" style="height:650px; width:650px" />

WIIM

REE Automotive shares are trading higher after the company announced that it began deliveries of its P7-C electric chassis cab after it received a Federal Motor Vehicle Safety Standards and EPA certification.

<h3>Gainers</h3>
<ul>
<li>E-Home Household Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EJH#NASDAQ">EJH</a>) stock moved upwards by 28.0% to $0.67 during Thursday's regular session. The company's market cap stands at $10.0 million. </li>
<li>Yunhong Green CTI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YHGJ#NASDAQ">YHGJ</a>) shares rose 21.66% to $2.19. The market value of their outstanding shares is at $44.0 million. </li>
<li>REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) shares moved upwards by 17.27% to $5.5. The company's market cap stands at $46.0 million. </li>
<li>GreenTree Hospitality Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GHG#NYSE">GHG</a>) shares rose 12.69% to $3.55. The company's market cap stands at $362.7 million. </li>
<li>Hesai Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) shares rose 9.42% to $8.36. The market value of their outstanding shares is at $1.0 billion. </li>
<li>Fitell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTEL#NASDAQ">FTEL</a>) stock moved upwards by 8.65% to $1.13. The market value of their outstanding shares is at $12.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Vince Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNCE#NYSE">VNCE</a>) shares declined by 19.7% to $3.7 during Thursday's regular session. The company's market cap stands at $46.2 million. </li>
<li>Cazoo Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CZOO#NYSE">CZOO</a>) shares decreased by 14.9% to $5.4. The company's market cap stands at $26.4 million. </li>
<li>Beachbody Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BODY#NYSE">BODY</a>) stock decreased by 12.44% to $10.56. The company's market cap stands at $66.3 million. </li>
<li>NWTN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWTN#NASDAQ">NWTN</a>) shares decreased by 11.29% to $6.21. The company's market cap stands at $1.7 billion. </li>
<li>WW International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WW#NASDAQ">WW</a>) shares decreased by 10.77% to $5.8. The company's market cap stands at $458.6 million. </li>
<li>GigaCloud Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GCT#NASDAQ">GCT</a>) shares declined by 10.33% to $19.45. The market value of their outstanding shares is at $792.6 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BODY

NWTN

YHGJ

REE Automotive Announced That It Has Begun Customer Deliveries Of Its P7-C Electric Chassis Cab Following Federal Motor Vehicle Safety Standards And Environmental Protection Agency Certification

REE Automotive Ltd (REE) beat out earnings estimates for Q4 2023 this morning. reported that it broke-even during the quarter.   The stock is down 7.21% to $5.66 after the report.The firm's lower revenue growth to earnings signals that the firm has been able to reduce costs and improve its profit margin overall.Wall Street

Ree Automotive Ltd Cl A Down 7.21% To $5.66 After Earnings

REE Automotive Ltd (REE) Q4 2023 Earnings Call Transcript

TD Cowen analyst Jeff Osborne maintained a Buy rating on REE Automotive (REE – Research Report) today and set a price target of $7.00. Jeff Osborne...

Buy Rating Affirmed for REE Automotive on Strategic Expense Control and Growing Order Book

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Vipshop (VIPS – Research Report) and REE Automotive (REE –...

Analysts Offer Insights on Consumer Cyclical Companies: Vipshop (VIPS) and REE Automotive (REE)

In a report released yesterday, Colin Langan from Wells Fargo assigned a Sell rating to REE Automotive (REE – Research Report), with a price target...

REE Automotive (REE) Receives a Sell from Wells Fargo

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Macy's (M – Research Report) and REE Automo...

Analysts' Opinions Are Mixed on These Consumer Cyclical Stocks: Macy's (M) and REE Automotive (REE)

Wall Street is positive on REE Automotive Ltd (REE). On average, analysts give REE Automotive Ltd a Buy rating. The average price target is $9.7, which means analysts expect the stock to climb by 64.97% over the next twelve months.That average ranking earns REE Automotive Ltd an Analyst Rating of 18, which is better than 1

REE Automotive Ltd (REE) Stock: Do Analysts Think You Should Buy?

Warning: REE is at high risk of performing badly

D.A. Davidson analyst Michael Shlisky maintained a Buy rating on REE Automotive (REE – Research Report) today and set a price target of $18.00. The...

D.A. Davidson Remains a Buy on REE Automotive (REE)

WW and RENT among Consumer Discretionary movers

ECDA

VIPS

ZOOZ

Press Releases

REE Automotive to Showcase Two Configurations of P7-C Fully-by-Wire Electric Truck at Work Truck Week 2024

REE Announces Proposed Public Offering of Ordinary Shares

Financing

REE Announces Pricing of Public Offering of Ordinary Shares

REE Automotive selected by Airbus UpNext

REE Announces Closing of Public Offering of Ordinary Shares

REE Automotive to Present at the 36th Annual Roth Conference

REE Automotive Announces Date for Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call

REE Automotive P7-C Receives CARB Certifications

Demand for REE Automotive Full By-Wire EVs Continues to Grow as Orderbook Value Surpasses $50 Million

REE Automotive Reports Fourth Quarter and Fiscal Year 2023 Financial Results

China Automotive Systems, Inc. - Common Stock

China Automotive Systems

Cooper-Standard Holdings Inc. Common Stock

Cooper-Standard Holdings

ECARX Holdings Inc. - Class A Ordinary shares

ECARX Holdings

Foresight Autonomous Holdings Ltd. - American Depositary Shares

Foresight Autonomous

Holley

Hesai Group - American Depositary Share, each ADS represents one Class B ordinary share