Worksport Stock (NASDAQ:WKSP), Trade Ideas

Worksport

Worksport Ltd through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. The company's product includes soft vinyl tonneau covers and hard aluminum tonneau covers.

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The EV king, Tesla Inc (NASDAQ: TSLA) steered back towards making more affordable EVs in attempt to reassure the world that it is past its prime.

Tesla And Worksport Show Innovation Could Be The Salvation The EV Industry Needs Right Now

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On Monday, Hyundai Motor Company (OTC: HYMTF) and Kia Corporation signed a memorandum  of understanding with Exide Energy Solutions Ltd with the aim of localizing EV battery production in India, joining the efforts of Tesla Inc (NASDAQ: TSLA

Hyundai And Kia To Boost Their Competitiveness In India

Trading Ideas

2023 was the year of electric pickups. The EV king, Tesla Inc (NASDAQ: TSLA) finally brought its long-awaited Cybertruck to market. But, even Tesla found this particular vehicle challenging, still having to conquer the mass production equation. But, the concept continues to evolve.

The Electric Pickup Concept Continues To Evolve

Worksport Ltd

<h3>Gainers</h3>
<ul>
<li>Worksport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKSP#NASDAQ">WKSP</a>) shares increased by 16.5% to $0.48 during Friday's pre-market session. The market value of their outstanding shares is at $11.5 million. </li>
<li>Vision Marine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMAR#NASDAQ">VMAR</a>) stock rose 11.9% to $0.63. The company's market cap stands at $7.6 million. </li>
<li>Skechers USA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKX#NYSE">SKX</a>) stock increased by 10.5% to $65.0. The company's market cap stands at $10.1 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>SRIVARU Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVMH#NASDAQ">SVMH</a>) stock increased by 10.33% to $0.2. The market value of their outstanding shares is at $6.4 million. </li>
<li>Zapp Electric Vehicles (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZAPP#NASDAQ">ZAPP</a>) stock moved upwards by 9.79% to $3.25. The market value of their outstanding shares is at $10.1 million. </li>
<li>Jeffs Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFBR#NASDAQ">JFBR</a>) shares increased by 9.2% to $0.28. The market value of their outstanding shares is at $1.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Boyd Gaming (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>) stock decreased by 9.8% to $56.76 during Friday's pre-market session. The market value of their outstanding shares is at $5.4 billion. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Uxin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UXIN#NASDAQ">UXIN</a>) stock fell 8.72% to $1.78. The company's market cap stands at $334.5 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>Connexa Sports Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YYAI#NASDAQ">YYAI</a>) shares decreased by 7.16% to $0.78. The market value of their outstanding shares is at $144.0 million. </li>
<li>Kaixin Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KXIN#NASDAQ">KXIN</a>) shares declined by 5.59% to $0.12. The company's market cap stands at $3.2 million. </li>
<li>Foresight Autonomous (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSX#NASDAQ">FRSX</a>) shares decreased by 5.56% to $1.02. The market value of their outstanding shares is at $15.6 million. </li>
<li>U Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCAR#NASDAQ">UCAR</a>) shares declined by 5.3% to $5.01. The market value of their outstanding shares is at $12.3 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.

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

The EV king, Tesla Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) steered back towards making more affordable EVs in attempt to reassure the world that it is past its prime. Last year, it temporarily lost its EV crown to BYD Company Limited (OTC: <a class="ticker" href="https://www.benzinga.com/stock/byddy#OTC">BYDDY</a>) who is firing across all cylinders when it comes to EV offerings. But even the price war didn&rsquo;t help Tesla solve its problems, however, by the reaction of the market, cheaper EVs could be the answer.
The EV slowdown is undoubtedly the new reality, but the EV growth is still happening, just at a slower pace. Along with EV makers, there are also parts makers who continue to innovate at full speed. One such example is&nbsp;Worksport Ltd&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wksp#NASDAQ">WKSP</a>) who specializes in creating&nbsp;innovative hybrid and clean energy solutions&nbsp;for&nbsp;light trucks. With its latest news, Worksport set the stage for a transformative year&nbsp;of growth.&nbsp;
Fueled by innovation, Worksport signaled major growth is ahead.
Through a memo that highlighted the company&rsquo;s undervalued&nbsp;stock&nbsp;potential, Worksport guided for a significant increase in&nbsp;2024&nbsp;sales. With robust inventory and a stable supply chain, Worksport is expecting to reach production milestones this year, with both B2C and B2B momentum being supported by positive reception, with the latter including purchase orders from three leading U.S. players.
Most importantly for the EV universe, Worksport will the first to bring a solar-powerd truck bed cover this summer&nbsp;after extensive engineering and prototyping. By capturing&nbsp;even 5% of the U.S.&nbsp;market,&nbsp;the patented SOLIS cover&nbsp;could potentially bring in more than&nbsp;$300 million&nbsp;in&nbsp;annual&nbsp;revenue&nbsp;to Worksport. In addition,&nbsp;the patent pending COR&nbsp;portable and independent&nbsp;battery system&nbsp;is nearing the end of its prototyping phase. The power duo made of SOLIS and COR has the potential to disrupt the EV market as its off-grid power on the go promise to extend the range of pickups. As it continues to expand its intellectual property portfolio, through its subsidiary, Terravis Energy&nbsp;Inc,&nbsp;Worksport is also about to entry to the&nbsp;global heat pump market&nbsp;that is estimated to reach $&nbsp;142.4&nbsp;billion in value by the end of the decade. Terravis Energy is nearing the completion&nbsp;of an innovative residential heat pump&nbsp;that&nbsp;promises to surpass&nbsp;existing technological standards by up to 40%.
With its intellectual property, Worksport&rsquo;s offerings provide a glimpse into a cleaner energy future of the transport industry that the EV revolution promises to bring.
EV euphoria might no longer be in the air, the EV revolution is still alive.
Tesla caused many concerns, first by warning a year of slower growth is ahead, and then with its disappointing first quarter results. However, this week&rsquo;s news show that although EV demand has slowed down amid a challenging environment, EV makers, along with companies across industries, continue to innovate and find ways to contribute to the EV future. Therefore, innovation just might be the salvation that the EV revolution desperately needs right now as it is key to overcoming current challenges.
DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

Worksport Signals Undervalued Status, Eyes Major 2024 Growth
West Seneca, New York 04-25-2024 - Worksport Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKSP#NASDAQ">WKSP</a>, WKSPW)))), a U.S.-based manufacturer dedicated to developing innovative hybrid and clean energy solutions in light truck, overlanding, and global consumer goods markets, today released a memo to shareholders, iterating management's outlook on maximizing shareholder value and setting the stage for a transformative year in projected growth for 2024, on all fronts.&nbsp;
"As we steer through a pivotal phase at Worksport, our direction is clear and aimed at reinforcing our position as a leader in truck accessories and sustainable automotive solutions," said Steven Rossi, CEO &amp; President of Worksport. "With our focus on delivering innovative products that cater to the booming pickup truck, overlanding, and off-roading communities, we have just begun capturing our share of these significant market segments."
Corporate Valuation and Growth Outlook:
●&nbsp;Undervalued Stock Potential: With over 150 registered and pending patents and trademarks, a state-of-the-art facility valued at over $9.2 million-exceeding our current market cap-and advanced manufacturing equipment valued at more than $7 million, it is our belief that Worksport stock is significantly undervalued.
●&nbsp;Year-end sales for 2024 are expected to significantly increase from the previous year, primarily driven by Worksport's U.S.-made hard covers along with highly anticipated green-energy products coming this summer. Having already generated significant press and industry interest, the market introduction of the SOLIS solar cover and the COR portable energy storage system in the months ahead is expected to exponentially boost growth potential and substantially enhance shareholder returns.
Strategic Inventory and Production Milestones:
●&nbsp;Robust Inventory and Supply Chain Stability: With a robust balance of inventory to produce new products, a significant revenue growth opportunity is present, and is being met by strong demand for the Company's Made in America hard-covers. The Company is confident in its ability to produce significant volumes and capitalize on increasing demand without delay.
●&nbsp;B2C Sales Momentum: Direct-to-consumer sales campaigns initiated in March 2024 have already led to an uptick in sales, with sales figures from April 2024 already surpassing internal projections, indicating robust consumer demand and market acceptance.
●&nbsp;Accelerated B2B Engagements: An overwhelmingly positive reception from major U.S. business customers, including initial purchase orders from three leading players, has accelerated the Company's B2B pipeline, while marking a significant vote of confidence in Worksport's technology and business model.
Innovation and Market Expansion:
●&nbsp;First-to-Market Solar Truck Bed Cover: Finalized after extensive engineering and prototyping, the patented SOLIS cover is set for its market debut this summer. As a pioneer in the solar technology space, capturing even 5% of the U.S. market translates to significant revenue potential, potentially exceeding $300 million annually from the solar cover line alone. The SOLIS Solar Truck Bed Cover will be among the very first to market and will be available for all major makes and models. The Company has received copious interest from the media, industry partners, and consumers for this forthcoming innovation.
●&nbsp;COR Solid State Power Generator Launch: Complementing the SOLIS cover, the patent pending COR battery system is nearing the end of its prototyping phase. With each SOLIS unit sold, a COR unit stands as its perfect counterpart, enhancing utility and customer value. Alpha units of the COR system are expected to be available by this summer with strong interest from US Government Agencies &amp; Major Retailers.
●&nbsp;Groundbreaking Heat Pump Technology: Additionally, Worksport subsidiary, Terravis Energy, Inc., is on the brink of completing an innovative residential heat pump that surpasses existing technological standards by up to 40%. With the global heat pump market projected to grow at a CAGR of 8.5%, reaching $142.4 Billion by 2030, this development has garnered significant interest from conglomerate companies and governments worldwide.
Grants and Intellectual Property:
●&nbsp;Many active grant applications: Currently Worksport is actively pursuing several multi-million-dollar grants to further support the business, research and development efforts, and sales efforts. Worksport will be excited to share updates in the coming months regarding some of these applications.
●&nbsp;Expanding IP Portfolio: The strength of Worksport's intellectual property portfolio continues to further solidify our market position and innovation capacity, with new additions to the portfolio every quarter for the last year.
Despite a stock price that does not reflect our true value, the company believes 2024 is set to be an inflection point for Worksport that solidifies our position as a U.S-based manufacturer dedicated to developing innovative hybrid and clean energy solutions in the light truck, overlanding, and global consumer goods markets.

Guidance

Worksport Issues Company Memo, Signals Undervalued Status, Eyes Major 2024 Growth

<h3>Gainers</h3>
<ul>
<li>Rent the Runway (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RENT#NASDAQ">RENT</a>) stock rose 53.6% to $11.6 during Wednesday's after-market session. The market value of their outstanding shares is at $41.1 million. The company's, Q4 earnings came out today. </li>
<li>Naas Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAAS#NASDAQ">NAAS</a>) stock moved upwards by 6.66% to $1.12. The company's market cap stands at $288.4 million. </li>
<li>Kaival Brands Innovations (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KAVL#NASDAQ">KAVL</a>) shares moved upwards by 5.66% to $2.8. The company's market cap stands at $8.0 million. </li>
<li>Dogness (Intl) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOGZ#NASDAQ">DOGZ</a>) shares moved upwards by 5.4% to $8.0. The market value of their outstanding shares is at $16.7 million. </li>
<li>Barnes &amp; Noble Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNED#NYSE">BNED</a>) shares rose 3.38% to $0.67. The company's market cap stands at $35.7 million. </li>
<li>Worksport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKSP#NASDAQ">WKSP</a>) stock increased by 2.67% to $0.51. The company's market cap stands at $12.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>E-Home Household Service (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EJH#NASDAQ">EJH</a>) shares declined by 5.4% to $2.63 during Wednesday's after-market session. The market value of their outstanding shares is at $46.9 million. </li>
<li>Lobo EV Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOBO#NASDAQ">LOBO</a>) shares declined by 4.96% to $4.03. The company's market cap stands at $31.3 million. </li>
<li>Cricut (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRCT#NASDAQ">CRCT</a>) shares declined by 4.17% to $4.83. The company's market cap stands at $1.0 billion. </li>
<li>Allurion Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALUR#NYSE">ALUR</a>) stock declined by 3.14% to $2.16. The company's market cap stands at $103.3 million. </li>
<li>Mister Car Wash (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCW#NYSE">MCW</a>) stock fell 3.07% to $6.69. The company's market cap stands at $2.1 billion. </li>
<li>PLBY Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLBY#NASDAQ">PLBY</a>) shares declined by 2.76% to $1.03. The market value of their outstanding shares is at $74.8 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.

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On Monday, Hyundai Motor Company (OTC: <a class="ticker" href="https://www.benzinga.com/stock/hymtf#OTC">HYMTF</a>) and Kia Corporation signed a memorandum&nbsp;&nbsp;of understanding with Exide Energy Solutions Ltd&nbsp;with the aim of localizing EV battery production in India, joining the efforts of Tesla Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) who is also reportedly considering to tap into India for EV production facilities as the&nbsp;average manufacturing labour cost&nbsp;in the country&nbsp;&nbsp;is estimated to be&nbsp;only&nbsp;about one-fourth of labour cost in China.
<h3>Hyundai And Kia Are Boosting Heir Efforts In India</h3>
Exide Energy&nbsp;plans to&nbsp;produce EV battery cells at the end of this year.&nbsp;With a specific focus on&nbsp;lithium-iron-phosphate (LFP) cells,&nbsp;Exide Energy Solutions&nbsp;will be supplying&nbsp;batteries&nbsp;to the South Korean automaker who aims to&nbsp;boost competitiveness in the world&#39;s&nbsp;third largest&nbsp;auto market.&nbsp;Along with the United States, South Korea and Western Europe, India is one of Hyundai and Kia&rsquo;s&nbsp;four biggest revenue generating markets.
Last year, Hyundai committed to invest about $2.40 billion over the next decade in its Indian footprint which includes the launch of six EVs by 2028, along with charging stations.
Meanwhile, Kia aims to bring locally-optimized EVs to India.
Kia CEO and President,&nbsp;Ho Sung Song confirmed the arrival of&nbsp;three&nbsp;EVs,&nbsp;including&nbsp;Carens EV, along with&nbsp;another mass-market product.&nbsp;Kia will be launching the flagship EV9 in India&nbsp;this year. In 2025, India&rsquo;s roads will be getting two mass market EVs from Kia, but Carens will be Kia&rsquo;s first made-in-India EV.&nbsp;The model&nbsp;will compete&nbsp;against&nbsp;other EVs in India, including&nbsp;the Hyundai Creta&nbsp;EV,&nbsp;as well as&nbsp;Honda&nbsp;Motor (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hmc#NYSE">HMC</a>)&nbsp;Elevate EV&nbsp;and Suzuki Motor Corporation (OTC: <a class="ticker" href="https://www.benzinga.com/stock/szkmy#OTC">SZKMY</a>)-subsidized&nbsp;Maruti eVX, and Tata&nbsp;Motors&nbsp;Curvv EV.
Firing on all cylinders seems to be paying off for Hyundai Motor Company.
On another part of the globe, Hyundai Motor America just reported an all-time record.&nbsp;Earlier this month, Hyundai Motor America reported its best-ever first quarter sales, along with its best ever March.&nbsp;As for the first quarter record, Hyundai sold&nbsp;84,804 units&nbsp;while EV sales rose&nbsp;62%&nbsp;YoY.&nbsp;
In March, Hyundai sold&nbsp;a record breaking&nbsp;76,920 units&nbsp;which represents a 2% YoY increase, while&nbsp;EV sales&nbsp;expanded100%. Hyundai sold&nbsp;11,485 units&nbsp;of&nbsp;eco-friendly vehicles in March. Also last month, Hyundai&nbsp;unveiled an enhanced 2025 Santa Cruz Sport Adventure Vehicle&nbsp;during the New York International Auto Show. Hyundai&nbsp;has never hit its commitment to&nbsp;cutting-edge R&amp;D. Back in 2022,&nbsp;Hyundai America Technical Cente, a divison of Hyundai Motor Group,&nbsp;signed a letter of understanding with Worksport Ltd (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wksp#NASDAQ">WKSP</a>), for the tonneau cover maker specialized in clean energy automotive accessories, to produce a prototype of its solar-powered tonneau cover SOLIS and a modified version of its portable battery system COR to fit the bed geometry of the Santa Cruz. Earlier in March, Worksport confirmed it is on track to launch the SOLIS and COR this summer. With the SOLIS and COR power duo, Worksport is promising extra mileage to EV pickups and off grid mobile power from the Sun to any consumer. Worksport also announced the eligibility of its offering for Tesla, as well as General Motors (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gm#NYSE">GM</a>), Ford Motor (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/f#NYSE">F</a>) and others, creating space for many partnerships.
<h3>Hyundai, Kia And Exide&rsquo;s A&nbsp;Strategic Maneuver To Propel India&rsquo;s EV Revolution</h3>
While China and the U.S. deal with an EV slowdown, India&rsquo;s EV market is booming. While the world&rsquo;s two largest economies remain at the forefront of the EV revolution, Hyundai and Kia&rsquo;s strategic maneuver will propel India&rsquo;s growing EV market to join the leading team. After nearly doubling last year, India&rsquo;s EV sales are expected to rise as much as 66% this year, according to Reuters that quoted a&nbsp;research firm Counterpoint.&nbsp;According to the report, EVs will make nearly a third of the country&rsquo;s personal vehicle market by the end of the decade.
DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.
This article is from an unpaid external contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.

<h3>Gainers</h3>
<ul>
<li>U Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCAR#NASDAQ">UCAR</a>) stock moved upwards by 57.6% to $7.41 during Monday's pre-market session. The market value of their outstanding shares is at $18.2 million. </li>
<li>Jiuzi Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JZXN#NASDAQ">JZXN</a>) stock increased by 13.33% to $0.7. The company's market cap stands at $82.7 million. </li>
<li>Selina Hospitality (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNA#NASDAQ">SLNA</a>) shares moved upwards by 12.7% to $0.06. The company's market cap stands at $18.7 million. </li>
<li>Mondee Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOND#NASDAQ">MOND</a>) stock rose 11.96% to $2.34. The market value of their outstanding shares is at $195.5 million. </li>
<li>Canterbury Park Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPHC#NASDAQ">CPHC</a>) shares rose 11.86% to $26.5. The market value of their outstanding shares is at $131.7 million. </li>
<li>Worksport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKSP#NASDAQ">WKSP</a>) shares moved upwards by 9.83% to $0.67. The market value of their outstanding shares is at $16.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Allurion Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALUR#NYSE">ALUR</a>) stock declined by 12.3% to $2.13 during Monday's pre-market session. The market value of their outstanding shares is at $101.9 million. </li>
<li>Color Star Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADD#NASDAQ">ADD</a>) shares fell 10.0% to $0.19. The company's market cap stands at $4.2 million. </li>
<li>Volcon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLCN#NASDAQ">VLCN</a>) stock declined by 4.97% to $0.31. The company's market cap stands at $5.8 million. </li>
<li>Connexa Sports Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXA#NASDAQ">CNXA</a>) stock fell 4.94% to $0.28. The company's market cap stands at $52.6 million. </li>
<li>ZHONGCHAO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCMD#NASDAQ">ZCMD</a>) shares declined by 4.77% to $2.0. The market value of their outstanding shares is at $4.9 million. </li>
<li>Massimo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAMO#NASDAQ">MAMO</a>) stock fell 4.61% to $3.73. The company's market cap stands at $154.0 million. 
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</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.

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<h3>Gainers</h3>
<ul>
<li>Greenlane Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) shares increased by 23.7% to $0.63 during Thursday's pre-market session. The market value of their outstanding shares is at $2.3 million. </li>
<li>ZHONGCHAO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCMD#NASDAQ">ZCMD</a>) stock rose 23.37% to $1.9. The market value of their outstanding shares is at $4.6 million. </li>
<li>Levi Strauss (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>) shares increased by 11.78% to $20.86. The company's market cap stands at $8.3 billion. As per the news, the Q1 earnings report came out yesterday. </li>
<li>XWELL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XWEL#NASDAQ">XWEL</a>) stock moved upwards by 7.18% to $1.64. The market value of their outstanding shares is at $6.8 million. </li>
<li>SRM Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRM#NASDAQ">SRM</a>) shares increased by 6.4% to $1.7. The company's market cap stands at $16.6 million. </li>
<li>Singing Machine Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MICS#NASDAQ">MICS</a>) stock increased by 5.23% to $0.93. The company's market cap stands at $5.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Viomi Technology Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIOT#NASDAQ">VIOT</a>) stock decreased by 4.9% to $0.53 during Thursday's pre-market session. The company's market cap stands at $36.4 million. </li>
<li>Kidpik (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIK#NASDAQ">PIK</a>) shares fell 4.67% to $4.5. The market value of their outstanding shares is at $8.5 million. </li>
<li>SharpLink Gaming (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBET#NASDAQ">SBET</a>) shares declined by 4.42% to $1.3. The market value of their outstanding shares is at $4.0 million. </li>
<li>Yoshitsu Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TKLF#NASDAQ">TKLF</a>) stock declined by 4.03% to $0.24. The market value of their outstanding shares is at $10.2 million. </li>
<li>JX Luxventure (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JXJT#NASDAQ">JXJT</a>) shares decreased by 3.93% to $1.23. The company's market cap stands at $7.4 million. </li>
<li>Worksport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKSP#NASDAQ">WKSP</a>) shares declined by 3.39% to $0.57. The market value of their outstanding shares is at $13.6 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.

GNLN

JXJT

LEVI

MICS

SBET

TKLF

VIOT

XWEL

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

Worksport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKSP#NASDAQ">WKSP</a>) reported quarterly losses of $(0.19) per share which beat the analyst consensus estimate of $(0.24) by 20.83 percent. This is a 5 percent increase over losses of $(0.20) per share from the same period last year. The company reported quarterly sales of $839.37 thousand which missed the analyst consensus estimate of $1.20 million by 30.05 percent. This is a 2.05K percent increase over sales of $39.06 thousand the same period last year.

Earnings

Earnings Beats

Earnings Misses

Worksport Q4 EPS $(0.19) Beats $(0.24) Estimate, Sales $839.37K Miss $1.20M Estimate

<h3>Gainers</h3>
<ul>
<li>Torrid Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CURV#NYSE">CURV</a>) shares rose 15.8% to $5.65 during Thursday's after-market session. The company's market cap stands at $588.1 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>) stock rose 7.38% to $0.16. The company's market cap stands at $60.5 million. </li>
<li>Golden Sun Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSUN#NASDAQ">GSUN</a>) stock increased by 4.98% to $0.51. The market value of their outstanding shares is at $9.6 million. </li>
<li>Arcimoto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUV#NASDAQ">FUV</a>) shares increased by 3.44% to $0.48. The market value of their outstanding shares is at $4.5 million. </li>
<li>Worksport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKSP#NASDAQ">WKSP</a>) stock rose 3.23% to $0.59. The market value of their outstanding shares is at $14.2 million. </li>
<li>Naas Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAAS#NASDAQ">NAAS</a>) shares increased by 3.22% to $1.28. The market value of their outstanding shares is at $329.6 million. As per the press release, Q4 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Oxford Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) shares fell 7.0% to $104.5 during Thursday's after-market session. The market value of their outstanding shares is at $1.6 billion. As per the press release, Q4 earnings came out today. </li>
<li>EZGO Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EZGO#NASDAQ">EZGO</a>) shares fell 6.68% to $0.06. The company's market cap stands at $6.2 million. </li>
<li>Faraday Future (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIE#NASDAQ">FFIE</a>) shares fell 6.01% to $0.09. The company's market cap stands at $4.0 million. </li>
<li>Kidpik (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIK#NASDAQ">PIK</a>) shares declined by 5.69% to $4.31. The company's market cap stands at $8.1 million. </li>
<li>Petco Health and Wellness (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOF#NASDAQ">WOOF</a>) stock fell 4.26% to $2.18. The company's market cap stands at $587.2 million. </li>
<li>Cazoo Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CZOO#NYSE">CZOO</a>) stock fell 4.17% to $11.5. The market value of their outstanding shares is at $56.2 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.

CURV

CZOO

EZGO

FFIE

GSUN

WOOF

12 Consumer Discretionary Stocks Moving In Thursday's After-Market Session

2023 was the year of electric pickups. The EV king, Tesla Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) finally brought its long-awaited Cybertruck to market. But, even Tesla found this particular vehicle challenging, still having to conquer the mass production equation. But, the concept continues to evolve.
Reportedly, Toyota Motor Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tm#NYSE">TM</a>) is finally to unveil its all-electric pickup before 2025 comes to an end. Moreover, an&nbsp;innovative automotive accessory manufacturer dedicated to developing clean energy solutions,&nbsp;Worksport Ltd (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wksp#NASDAQ">WKSP</a>) will bring solar-powered tonneau covers that will further enhance the features, including the range, of electric pickups.
Worksport is on track to bring the SOLIS to market this summer.
Just before the Easter holidays, Worksport&nbsp;announced&nbsp;that&nbsp;large quantity of custom solar panels required to begin production of&nbsp;its&nbsp;highly anticipated&nbsp;solar-powered tonneau cover for pickup trucks. The&nbsp;SOLIS&nbsp;solar tonneau coverpromises to revolutionize the&nbsp;pickup truck market by integrating&nbsp;cutting-edge solar technology into a durable and functional truck bed cover.&nbsp;The arrival of durable and flexible solar panels&nbsp;of the&nbsp;highest quality and latest technology in photovoltaics and flexible solar wafer cell is an important milestone for Worksport on its mission of merging automotive&nbsp;accessories and renewable energy.
Worksport is also gearing up to introduce the COR&nbsp;portable battery storage solution that complements the solar cover&nbsp;but can be used independently, even without a pickup. This power duo&nbsp;represents a significant leap forward in Worksport&#39;s vision of providing consumers with eco-friendly and technologically advanced&nbsp;solutions.
Toyota is finally accelerating into the EV future
According to Reuters and Electrek, the electric version of Toyota&rsquo;s Hillux pickup is just around the corner. Last year, Toyota already unveiled a hydrogen fuel cell Hilux prototype, leaving many to wonder if and when an electric version is coming. In December, it showcased its first &ldquo;electrified&rdquo; version. But&nbsp;since showcasing the electric version,&nbsp;Hilux Revo BEV, in Thailand in 2022,&nbsp;not much has happened.
During the Bangkok International Show, Toyota Thailand president&nbsp;Noriaki Kamashita&nbsp;confirmed that the electric Hilux will be ready by the end of 2025. The announcement comes shortly after its Japanese rival&nbsp;Isuzu&nbsp;confirmed to unveil its first 100% electric pickup truck&nbsp;by the end of the month. With its all-electric pickup,&nbsp;D-MAX BEV,&nbsp;Isuzu promises to directly challenge the electric version of America&rsquo;s best-selling pickup F-150 from Ford Motor (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/f#NYSE">F</a>). Isuzu plans to make its electric pickup in Thailand as well, while the&nbsp;D-MAX is sold in over 100 countries&nbsp;across the globe. Moreover, it was the second-best selling model in Thailand in January, trailing Toyota&rsquo;s Hilux.&nbsp;
Moreover, Toyota also renamed its battery subsidiary, as it completed the full acquisition of&nbsp;Primearth EV Energyshares from Panasonic. Under the rebranding, Toyota renamed it&nbsp;Toyota Battery Company Ltd, with the name change reflecting&nbsp;its part in&nbsp;Toyota&rsquo;s expanding EV focus.
DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.

Worksport Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKSP#NASDAQ">WKSP</a>), an innovative automotive accessory manufacturer dedicated to developing clean energy solutions, is thrilled to announce the arrival of a large quantity of custom solar panels, which are required to begin production of the highly anticipated <a href="https://www.globenewswire.com/Tracker?data=qppN-AH7tql2PpiyPatGVStUaL6ea323-21j5DB2TdciKcdDW2t1TgJ1gtzHze44NoWeoB0KaJK1iTaMH5oFCHm-IAdN4yTQgHeSXgkc5HFtlpdlaXhaJKCKLqczgyf9">SOLIS Solar Tonneau Cover</a> at the Company's New York State manufacturing facility. This milestone marks a significant step forward, allowing the Company to begin initial production of the SOLIS Solar Tonneau Cover. Updates relating to when official production will begin, SKU-specific availability, more detailed specifications, timing relating to pre-order fulfillment, and new media assets (videos and photos) are to follow. &nbsp;
The SOLIS Solar Cover, a groundbreaking product designed to revolutionize the pickup truck market, integrates cutting-edge solar technology into a durable and functional truck bed cover. With the arrival of these solar panels, Worksport believes it is on track to bring the SOLIS Solar Cover to market this summer, aligning with the Company's mission to merge automotive accessories with renewable energy. The solar panels received are produced with the highest quality and latest technology in photovoltaics and flexible solar wafer cells. Designing and configuring the panels took considerable engineering efforts and time, requiring custom sizing, configurations, and technical specifications to meet Worksport's stringent standards. These solar panels are anticipated to produce extremely high power, with an output of 170-180 watts per square meter. The solar panels are durable and highly flexible to suit their application within a folding, rigid tonneau cover for light trucks.
In addition to the SOLIS Solar Cover, Worksport is also gearing up to introduce the COR Battery System, an advanced energy storage solution that complements the solar cover. Together, the SOLIS Solar Cover and the COR Battery System represent a significant leap forward in Worksport's vision of providing consumers with eco-friendly and technologically advanced products.
"We are incredibly excited about the progress of the SOLIS Solar Cover and the upcoming launch of the COR Battery System," said <a href="https://www.globenewswire.com/Tracker?data=JYFOhzJOQ2GzBUKCCAjlgsceMQ2HS8Evol0tcuoZq_RzlWLwjKn1U8810DXjcWMnKk8vB1cYoJwh8yyZgr7s8FrE6S2AKV7nCfAKWoAgwdKGJJNpPWj1kwG3oCxJdo3e">Steven Rossi</a>, CEO of Worksport. "The arrival of the solar panels at our New York State facility is not just a milestone for us, but a testament to our team's dedication and hard work. We are eager to bring these innovative products to the market and make a positive impact on the environment and the automotive industry."
Worksport is committed to excellence and innovation in developing products that enhance the functionality and performance of pickup trucks while promoting sustainable energy solutions. The Company's dedication to quality, innovation, and sustainability has positioned it to grow further in the automotive tech and renewable energy space.
For more information about Worksport Ltd., the <a href="https://www.globenewswire.com/Tracker?data=qppN-AH7tql2PpiyPatGVZsPZa3MVii1kKCxQQkbPhnuIeZvnyRJnPh9K_kuuMX5viO7DA2uVhPeQrw83jNvi7dpygG4JoJkYtJ4wj6F05Xs7Cg776CdTcdIN5x_PLv4eoH5vaIZiUpmu_yaynRemA==">SOLIS Solar Cover, and the COR Battery System</a>, please visit <a href="https://www.globenewswire.com/Tracker?data=4ViY3HsH19QzPyMi-YEFhNWS9W--s8AumjKOb9PS0wURcaZAhSgWm2cLdlYjNKdc1_27WvVwDCl9jis_yFxF4AIxAR0Qmkrc-C2Q_BK7qM12mrCY6Aw6w25uPl9r2O6i">investor.worksport.com</a>.

Worksport Announces Receipt Of Solar Panels Required To Begin Production Of Highly Anticipated Solis Solar Tonneau Cover

<h3>Gainers</h3>
<ul>
<li>Kidpik (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIK#NASDAQ">PIK</a>) stock moved upwards by 62.1% to $5.3 during Thursday's pre-market session. The company's market cap stands at $10.0 million. </li>
<li>Cazoo Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CZOO#NYSE">CZOO</a>) stock rose 54.45% to $19.4. The market value of their outstanding shares is at $94.8 million. </li>
<li>Sonder Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOND#NASDAQ">SOND</a>) shares rose 14.5% to $3.71. The company's market cap stands at $41.0 million. </li>
<li>PLBY Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLBY#NASDAQ">PLBY</a>) stock moved upwards by 11.06% to $1.08. The company's market cap stands at $78.4 million. The company's, Q4 earnings came out yesterday. </li>
<li>Kaixin Auto Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KXIN#NASDAQ">KXIN</a>) shares rose 10.89% to $0.22. The company's market cap stands at $5.9 million. </li>
<li>GigaCloud Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GCT#NASDAQ">GCT</a>) stock moved upwards by 10.39% to $28.88. The market value of their outstanding shares is at $1.1 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Worksport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKSP#NASDAQ">WKSP</a>) shares fell 9.5% to $0.54 during Thursday's pre-market session. The company's market cap stands at $13.0 million. </li>
<li>Foresight Autonomous (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSX#NASDAQ">FRSX</a>) shares declined by 5.56% to $1.02. The company's market cap stands at $15.6 million. </li>
<li>Meta Data (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIU#NYSE">AIU</a>) stock decreased by 4.59% to $0.77. The company's market cap stands at $59.3 million. </li>
<li>Kaival Brands Innovations (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KAVL#NASDAQ">KAVL</a>) shares decreased by 4.28% to $2.69. The company's market cap stands at $7.6 million. </li>
<li>Yoshitsu Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TKLF#NASDAQ">TKLF</a>) stock declined by 4.08% to $0.24. The company's market cap stands at $10.3 million. </li>
<li>Connexa Sports Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXA#NASDAQ">CNXA</a>) stock fell 3.99% to $0.22. The market value of their outstanding shares is at $40.0 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.

SOND

<h3>Gainers</h3>
<ul>
<li>Interactive Strength (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRNR#NASDAQ">TRNR</a>) stock increased by 7.3% to $0.44 during Tuesday's after-market session. The market value of their outstanding shares is at $6.2 million. </li>
<li>Wah Fu Education Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WAFU#NASDAQ">WAFU</a>) stock moved upwards by 6.77% to $1.93. The market value of their outstanding shares is at $8.5 million. </li>
<li>MGO Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGOL#NASDAQ">MGOL</a>) shares rose 5.41% to $0.37. The market value of their outstanding shares is at $5.8 million. </li>
<li>Volcon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLCN#NASDAQ">VLCN</a>) shares moved upwards by 5.35% to $0.7. The company's market cap stands at $10.9 million. </li>
<li>Kaival Brands Innovations (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KAVL#NASDAQ">KAVL</a>) shares rose 5.33% to $1.58. The company's market cap stands at $4.4 million. </li>
<li>Vroom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRM#NASDAQ">VRM</a>) shares moved upwards by 4.04% to $10.81. The market value of their outstanding shares is at $19.4 million. The company's, Q4 earnings came out 4 days ago. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Worksport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKSP#NASDAQ">WKSP</a>) stock fell 8.1% to $0.5 during Tuesday's after-market session. The market value of their outstanding shares is at $10.2 million. </li>
<li>Chijet Motor Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CJET#NASDAQ">CJET</a>) stock decreased by 7.47% to $0.48. The market value of their outstanding shares is at $77.3 million. </li>
<li>Mondee Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOND#NASDAQ">MOND</a>) stock fell 4.79% to $2.19. The company's market cap stands at $188.0 million. As per the press release, Q4 earnings came out 3 days ago. </li>
<li>JOANN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JOAN#NASDAQ">JOAN</a>) stock declined by 3.89% to $0.13. The company's market cap stands at $5.3 million. </li>
<li>ZHONGCHAO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCMD#NASDAQ">ZCMD</a>) shares fell 3.83% to $1.51. The market value of their outstanding shares is at $3.7 million. </li>
<li>ATRenew (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RERE#NYSE">RERE</a>) stock decreased by 3.81% to $1.77. The company's market cap stands at $399.0 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.

CJET

JOAN

MGOL

RERE

TRNR

WAFU

12 Consumer Discretionary Stocks Moving In Tuesday's After-Market Session

WIIM

Worksport shares are trading higher. The stock fell Monday after the company reported the pricing of an approximately $2.8 million registered direct offering and concurrent private placement.

<h3>Gainers</h3>
<ul>
<li>SRM Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRM#NASDAQ">SRM</a>) shares rose 17.8% to $1.3 during Tuesday's regular session. The market value of their outstanding shares is at $12.6 million. </li>
<li>TCTM Kids IT Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCTM#NASDAQ">TCTM</a>) shares moved upwards by 13.61% to $2.17. The market value of their outstanding shares is at $21.1 million. </li>
<li>2U (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWOU#NASDAQ">TWOU</a>) stock moved upwards by 12.32% to $0.36. The market value of their outstanding shares is at $30.4 million. </li>
<li>Fitell (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTEL#NASDAQ">FTEL</a>) shares moved upwards by 11.2% to $7.74. The company's market cap stands at $86.0 million. </li>
<li>Worksport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKSP#NASDAQ">WKSP</a>) shares moved upwards by 10.36% to $0.51. The market value of their outstanding shares is at $10.3 million. </li>
<li>Nordstrom (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JWN#NYSE">JWN</a>) stock moved upwards by 9.55% to $18.69. The company's market cap stands at $3.0 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>JOANN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JOAN#NASDAQ">JOAN</a>) shares declined by 32.0% to $0.12 during Tuesday's regular session. The market value of their outstanding shares is at $5.2 million. </li>
<li>ATA Creativity Glb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AACG#NASDAQ">AACG</a>) shares decreased by 16.13% to $1.3. The market value of their outstanding shares is at $40.8 million. </li>
<li>GigaCloud Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GCT#NASDAQ">GCT</a>) shares declined by 13.04% to $29.75. The market value of their outstanding shares is at $1.2 billion. The company's, Q4 earnings came out 2 days ago. </li>
<li>Allurion Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALUR#NYSE">ALUR</a>) shares declined by 12.1% to $2.31. The company's market cap stands at $109.7 million. </li>
<li>J-Long Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JL#NASDAQ">JL</a>) stock decreased by 11.33% to $1.41. The market value of their outstanding shares is at $44.2 million. </li>
<li>Greenlane Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) shares decreased by 10.2% to $0.51. The company's market cap stands at $1.9 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.

AACG

FTEL

TCTM

TWOU

12 Consumer Discretionary Stocks Moving In Tuesday's Intraday Session

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 150 points on Monday.
The Dow traded up 0.40% to 38,870.91 while the NASDAQ rose 1.16% to 16,158.82. The S&amp;P 500 also rose, gaining, 0.86% to 5,161.08.
Check This Out: <a href="https://www.benzinga.com/news/24/03/37779982/top-4-tech-stocks-that-may-collapse-in-march"> Top 4 Tech Stocks That May Collapse In March</a>
&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Communication services shares jumped by 2.9% on Monday.
In trading on Monday, industrials shares rose by just 0.4%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
Shares of Science Applications International Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/saic#NYSE">SAIC</a>) fell during Monday&rsquo;s session after reporting fourth-quarter results.
The company reported a 12% revenue decline Y/Y in the fourth quarter of fiscal 2024 to $1.74 billion, beating the consensus of $1.64 billion. Adjusted EPS of $1.43 was in line with the consensus.
&nbsp;
<h3>Equities Trading UP</h3>
&nbsp;
Canoo Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goev#NASDAQ">GOEV</a>) shares shot up 56% to $3.0198 after the US Department of Commerce has approved its Oklahoma City facility as a Foreign Trade Zone.
Shares of Wearable Devices Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wlds#NASDAQ">WLDS</a>) got a boost, surging 27% to $0.5642. Wearable Devices published a report by its XR team suggesting &#39;The Mudra Band Can Be The Neural Bridge For Apple And Meta In Their Next Wave Of Smart Glasses Interaction.&#39;
Nuvei Corporation. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvei#NASDAQ">NVEI</a>) shares were also up, gaining 32% to $28.51 after a media report and the company&rsquo;s confirmation that it is in buyout talks.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
Solowin Holdings (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/swin#NASDAQ">SWIN</a>) shares dropped 30% to $7.73 after reporting unaudited financial results for the first six months of fiscal year 2024.
Shares of Sonder Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sond#NASDAQ">SOND</a>) were down 33% to $3.7126 after the company announced that it will delay its fourth-quarter and FY23 financial results due to accounting errors. Also, the company reported preliminary fourth-quarter and FY23 revenue results below estimates.
Worksport Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wksp#NASDAQ">WKSP</a>) was down, falling 33% to $0.4949 after the company announced pricing of $2.8 million registered direct offering &amp; concurrent private placement.
Also Check This Out:<a href="https://www.benzinga.com/news/24/03/37780509/wall-streets-most-accurate-analysts-views-on-3-materials-stocks-delivering-high-dividend-yields"> Wall Street&#39;s Most Accurate Analysts&#39; Views On 3 Materials Stocks Delivering High-Dividend Yields</a>
&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded up 2.4% to $82.95 while gold traded up 0.1% at $2,163.50.
Silver traded down 0.5% to $25.26 on Monday, while copper rose 0.1% to $4.13.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares closed mostly lower today. The eurozone&rsquo;s STOXX 600 fell 0.17%, London&rsquo;s FTSE 100 fell 0.06% while Spain&rsquo;s IBEX 35 Index fell 0.01% The German DAX fell 0.02% French CAC 40 fell 0.20% while Italy&rsquo;s FTSE MIB Index rose 0.01%.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed higher on Monday, with Japan&rsquo;s Nikkei 225 jumping 2.67%, Hong Kong&rsquo;s Hang Seng Index rising 0.10%, China&rsquo;s Shanghai Composite Index gaining 0.99% and India&rsquo;s S&amp;P BSE Sensex gaining 0.2%.
China&#39;s retail sales rose by 5.5% year-over-year in January-February, while unemployment rate averaged 5.3% in the same period. Chinese industrial production surged by 7.0% year-over-year in January-February. Japanese core machinery orders declined 1.7% month-over-month to 823.8 billion yen in January.
&nbsp;
<h3>Economics</h3>
&nbsp;
The NAHB/Wells Fargo Housing Market Index rose to 51 in March, notching the highest reading in eight months, versus a reading of 48 in February and beating market estimates of 48.
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/03/37770547/how-to-earn-500-a-month-from-caleres-stock-ahead-of-q4-earnings"> How To Earn $500 A Month From Caleres Stock Ahead Of Q4 Earnings</a>
&nbsp;

Eurozone

Commodities

Global

Intraday Update

GOEV

NVEI

SAIC

SWIN

WLDS

Crude Oil Surges Over 2%; Solowin Holdings Shares Plummet

Shares of Science Applications International Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/saic#NYSE">SAIC</a>) fell sharply during Monday&rsquo;s session after the company reported financial fourth-quarter EPS below estimates.
SAIC reported a 12% revenue decline Y/Y in the fourth quarter of fiscal 2024 to $1.74 billion, beating the consensus of $1.64 billion. Adjusted EPS of $1.43 was in line with the consensus.
Science Applications International shares dipped 10.7% to $127.29 on Monday.
Here are some other stocks moving in today&#39;s mid-day session.
<h3>Gainers</h3>
<ul>
<li>Canoo Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goev#NASDAQ">GOEV</a>) shares surged 95% to $3.77 after the US Department of Commerce has approved its Oklahoma City facility as a Foreign Trade Zone.</li>
<li>Solidion Technology Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sti#NASDAQ">STI</a>) shares jumped 71.9% to $2.9910 after surging around 34% on Friday. The company, last week, announced the pricing of a $3.85 million private placement.</li>
<li>Verb Technology Company, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/verb#NASDAQ">VERB</a>) gained 53% to $0.6770, possibly on continued strength after it announced its Market.live launched Facebook and Instagram social shopping technology integration on Friday.</li>
<li>WaveDancer, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wavd#NASDAQ">WAVD</a>) shares climbed 39.1% to $4.1461. WaveDancer and Firefly Neuroscience each received the requisite stockholder approvals required to consummate the merger between both companies.</li>
<li>Brand Engagement Network, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bnai#NASDAQ">BNAI</a>) climbed 33.7% to $14.14 after jumping 40% on Friday.</li>
<li>Wearable Devices Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wlds#NASDAQ">WLDS</a>) climbed 31.6% to $0.5863. Wearable Devices published a report by its XR team suggesting &#39;The Mudra Band Can Be The Neural Bridge For Apple And Meta In Their Next Wave Of Smart Glasses Interaction.&#39;</li>
<li>Leafly Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lfly#NASDAQ">LFLY</a>) rose 30.3% to $2.86.</li>
<li>Immuneering Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/imrx#NASDAQ">IMRX</a>) surged 30.3% to $2.49. Immuneering recently announced topline result from the ongoing Phase 1 portion of its Phase 1/2a clinical trial of IMM-1-104 in advanced RAS-mutant solid tumors.</li>
<li>Nuvei Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvei#NASDAQ">NVEI</a>) rose 25.8% to $27.24 after the company said it was evaluating offers to go private.</li>
<li>Greenwave Technology Solutions, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gwav#NASDAQ">GWAV</a>) surged 25.4% to $0.38.</li>
<li>Fresh2 Group Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fres#NASDAQ">FRES</a>) gained 20.5% to $0.60.</li>
<li>NuScale Power Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/smr#NYSE">SMR</a>) rose 21% to $9.50. Canaccord Genuity analyst George Gianarikas maintained NuScale Power with a Buy and raised the price target from $4.25 to $8.</li>
<li>EHang Holdings Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eh#NASDAQ">EH</a>) gained 17% to $17.90 after the company reportedly began selling its EH216-S flying taxi on Taobao.</li>
<li>AEye, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lidr#NASDAQ">LIDR</a>) gained 16.6% to $1.34. AEye is expected to release its financial results for the fourth quarter after the closing bell on March 26, 2024.</li>
<li>Aurora Cannabis Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acb#NASDAQ">ACB</a>) rose 16% to $3.69 after surging 10% on Friday.</li>
<li>Qurate Retail, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qrteb#NASDAQ">QRTEB</a>) surged 15.9% to $5.47.</li>
<li>Latham Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/swim#NASDAQ">SWIM</a>) gained 15.7% to $3.32 after Stifel upgraded the stock from Hold to Buy and raised its price target from $3 to $4.</li>
<li>2seventy bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsvt#NASDAQ">TSVT</a>) climbed 13% to $4.52. The FDA Advisory Committee voted in favor of Bristol Myers Squibb&#39;s and 2seventy Bio&#39;s Abecma for triple-class exposed multiple myeloma in earlier lines of therapy.</li>
<li>Global Gas Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hgas#NASDAQ">HGAS</a>) shares rose 11.5% to $1.7399 after falling 25% on Friday.</li>
<li>D-Wave Quantum Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/qbts#NYSE">QBTS</a>) gained 10.6% to $2.3005. D-Wave Quantum said it is expanding its executive team to supercharge both its go-to-market growth strategy and product innovation.</li>
<li>Tilray Brands, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tlry#NASDAQ">TLRY</a>) surged 9.8% to $1.9001.</li>
<li>Graphjet Technology Sdn. Bhd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gti#NASDAQ">GTI</a>) rose 9.3% to $12.90.</li>
<li>Alphabet Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>) gained 6.3% to $150.09 following reports suggesting Apple Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) is in discussions to integrate Google <a href="https://www.benzinga.com/money/gemini-review/">Gemini</a> into iPhones.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Global Mofy Metaverse Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gmm#NASDAQ">GMM</a>) shares dipped 33.7% to $1.9503.</li>
<li>Sonder Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sond#NASDAQ">SOND</a>) fell 33% to $3.68 after the company announced a delay to its fourth quarter and full year 2023 financial results announcement, and issued fourth quarter and full year 2023 preliminary highlights.</li>
<li>Veritone, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/veri#NASDAQ">VERI</a>) dipped 21.2% to $3.06.</li>
<li>Worksport Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wksp#NASDAQ">WKSP</a>) fell 20.3% to $0.59 after the company announced pricing of $2.8 million registered direct offering &amp; concurrent private placement.</li>
<li>ReTo Eco-Solutions, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/reto#NASDAQ">RETO</a>) dipped 20% to $1.56.</li>
<li>TC Biopharm (Holdings) Plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tcbp#NASDAQ">TCBP</a>) declined 19.8% to $1.3469. TCBP announced exercise of Series D warrants for cash.</li>
<li>Solowin Holdings (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/swin#NASDAQ">SWIN</a>) dipped 19.1% to $8.90 after reporting unaudited financial results for the first six months of fiscal year 2024.</li>
<li>XORTX Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xrtx#NASDAQ">XRTX</a>) declined 15.5% to $4.3750.</li>
<li>JOANN Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/joan#NASDAQ">JOAN</a>) shares fell 15.4% to $0.1949 after the company announced that it entered into an agreement to reduce its debt and receive $132 million in new capital and related financial accommodations.</li>
<li>CARGO Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crgx#NASDAQ">CRGX</a>) fell 15% to $26.65.</li>
<li>Chijet Motor Company, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cjet#NASDAQ">CJET</a>) shares tumbled 12.2% to $0.43 after gaining 52% on Friday.</li>
<li>Legacy Housing Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/legh#NASDAQ">LEGH</a>) fell 11.7% to $22.25 after the company reported worse-than-expected fourth-quarter financial results.</li>
<li>B. Riley Financial, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rily#NASDAQ">RILY</a>) fell 11.5% to $15.56. B. Riley Financial failed to file its audited results after the end of extension period.</li>
<li>Getty Images Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gety#NYSE">GETY</a>) dipped 11.1% to $4.5950. Getty Images recently reported better-than-expected fourth-quarter financial results and issued FY24 revenue guidance.</li>
<li>GeneDx Holdings Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wgs#NASDAQ">WGS</a>) fell 11.1% to $ 10.68.</li>
<li>MMTec, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mtc#NASDAQ">MTC</a>) dipped 10.5% to $1.97 after jumping 38% on Friday.</li>
<li>Summit Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smmt#NASDAQ">SMMT</a>) dipped 9.8% to $ 4.1650.</li>
<li>Nanobiotix S.A. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nbtx#NASDAQ">NBTX</a>) fell 9.8% to $6.27 after gaining 10% on Friday.</li>
<li>Li Auto Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/li#NASDAQ">LI</a>) declined 9.7% to $34.11 after gaining around 3% on Friday.</li>
<li>Shift4 Payments, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/four#NASDAQ">FOUR</a>) fell 9.2% to $70.37. The company&rsquo;s CEO Jared Isaacman said bids from potential contenders failed to sufficiently value the firm, according to Bloomberg News.</li>
<li>Logitech International S.A. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/logi#NASDAQ">LOGI</a>) shares fell 8.1% to $87.06 after the company announced the departure of CFO Chuck Boynton and reaffirmed 2024 financial guidance.</li>
<li>Hertz Global Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/htz#NASDAQ">HTZ</a>) fell 8% to $6.97.</li>
<li>Roblox Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rblx#NYSE">RBLX</a>) fell 6.5% to $36.68.</li>
<li>New York Community Bancorp, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nycb#NASDAQ">NYCB</a>) dipped 6.4% to $3.6550 after Raymond James downgraded the stock from Market Perform to Underperform.</li>
</ul>
&nbsp;
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Small Cap

AAPL

BNAI

CRGX

FOUR

FRES

GETY

GOOGL

GWAV

HGAS

IMRX

LEGH

LFLY

LIDR

LOGI

NBTX

NYCB

QBTS

QRTEB

RBLX

RETO

RILY

SMMT

SWIM

TCBP

TLRY

TSVT

VERB

VERI

WAVD

XRTX

Why Science Applications International Shares Are Trading Lower By Over 10%? Here Are Other Stocks Moving In Monday's Mid-Day Session

<h3>Gainers</h3>
<ul>
<li>Canoo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOEV#NASDAQ">GOEV</a>) shares increased by 53.9% to $2.98 during Monday's regular session. The market value of their outstanding shares is at $169.9 million. </li>
<li>Chijet Motor Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CJET#NASDAQ">CJET</a>) stock increased by 30.61% to $0.64. The company's market cap stands at $102.8 million. </li>
<li>Forward Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORD#NASDAQ">FORD</a>) shares moved upwards by 30.43% to $0.6. The company's market cap stands at $6.0 million. </li>
<li>Latham Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWIM#NASDAQ">SWIM</a>) stock rose 20.03% to $3.44. The market value of their outstanding shares is at $395.7 million. As per the news, the Q4 earnings report came out 4 days ago. </li>
<li>Inspirato (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISPO#NASDAQ">ISPO</a>) stock increased by 16.83% to $4.72. The market value of their outstanding shares is at $17.3 million. </li>
<li>Soho House (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHCO#NYSE">SHCO</a>) stock rose 15.69% to $5.75. The market value of their outstanding shares is at $1.1 billion. As per the press release, Q4 earnings came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Sonder Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOND#NASDAQ">SOND</a>) shares declined by 33.0% to $3.69 during Monday's regular session. The market value of their outstanding shares is at $40.7 million. </li>
<li>Worksport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKSP#NASDAQ">WKSP</a>) shares decreased by 31.7% to $0.51. The market value of their outstanding shares is at $10.2 million. </li>
<li>GigaCloud Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GCT#NASDAQ">GCT</a>) shares decreased by 21.56% to $33.85. The market value of their outstanding shares is at $1.3 billion. The company's, Q4 earnings came out yesterday. </li>
<li>JOANN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JOAN#NASDAQ">JOAN</a>) stock decreased by 17.5% to $0.19. The market value of their outstanding shares is at $7.9 million. </li>
<li>Jeffs Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFBR#NASDAQ">JFBR</a>) shares fell 16.54% to $0.35. The company's market cap stands at $1.0 million. </li>
<li>Lifetime Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCUT#NASDAQ">LCUT</a>) shares decreased by 14.78% to $8.48. The company's market cap stands at $184.9 million. As per the news, the Q4 earnings report came out 4 days ago. 
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.

FORD

ISPO

LCUT

SHCO

12 Consumer Discretionary Stocks Moving In Monday's Intraday Session

U.S. stocks traded higher midway through trading, with the S&amp;P 500 index gaining around 1% on Monday.
The Dow traded up 0.37% to 38,859.32 while the NASDAQ rose 1.61% to 16,231.11. The S&amp;P 500 also rose, gaining, 1.05% to 5,171.00.
Check This Out: <a href="https://www.benzinga.com/news/24/03/37779982/top-4-tech-stocks-that-may-collapse-in-march"> Top 4 Tech Stocks That May Collapse In March</a>
&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Communication services shares jumped by 3.6% on Monday.
In trading on Monday, health care shares rose by just 0.2%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
The NAHB/Wells Fargo Housing Market Index rose to 51 in March, notching the highest reading in eight months, versus a reading of 48 in February and beating market estimates of 48.
&nbsp;
<h3>Equities Trading UP</h3>
&nbsp;
Canoo Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goev#NASDAQ">GOEV</a>) shares shot up 53% to $2.98 after the US Department of Commerce has approved its Oklahoma City facility as a Foreign Trade Zone.
Shares of Wearable Devices Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wlds#NASDAQ">WLDS</a>) got a boost, surging 29% to $0.5750. Wearable Devices published a report by its XR team suggesting &#39;The Mudra Band Can Be The Neural Bridge For Apple And Meta In Their Next Wave Of Smart Glasses Interaction.&#39;
Verb Technology Company, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/verb#NASDAQ">VERB</a>) shares were also up, gaining 41% to $0.6224, possibly on continued strength after it announced its Market.live launched Facebook and Instagram social shopping technology integration on Friday.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
Solowin Holdings (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/swin#NASDAQ">SWIN</a>) shares dropped 19% to $8.90 after reporting unaudited financial results for the first six months of fiscal year 2024.
Shares of Sonder Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sond#NASDAQ">SOND</a>) were down 31% to $3.79 after the company announced that it will delay its fourth-quarter and FY23 financial results due to accounting errors. Also, the company reported preliminary fourth-quarter and FY23 revenue results below estimates.
Worksport Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wksp#NASDAQ">WKSP</a>) was down, falling 26% to $0.5499 after the company announced pricing of $2.8 million registered direct offering &amp; concurrent private placement.
Also Check This Out:<a href="https://www.benzinga.com/news/24/03/37780509/wall-streets-most-accurate-analysts-views-on-3-materials-stocks-delivering-high-dividend-yields"> Wall Street&#39;s Most Accurate Analysts&#39; Views On 3 Materials Stocks Delivering High-Dividend Yields</a>
&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded up 0.6% to $81.50 while gold traded up 0.1% at $2,163.60.
Silver traded up 0.1% to $25.385 on Monday, while copper rose 0.9% to $4.1595.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares were mostly lower today. The eurozone&rsquo;s STOXX 600 fell 0.16%, London&rsquo;s FTSE 100 rose 0.01% while Spain&rsquo;s IBEX 35 Index fell 0.13% The German DAX fell 0.07% French CAC 40 fell 0.25% while Italy&rsquo;s FTSE MIB Index fell 0.06%.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed higher on Monday, with Japan&rsquo;s Nikkei 225 jumping 2.67%, Hong Kong&rsquo;s Hang Seng Index rising 0.10%, China&rsquo;s Shanghai Composite Index gaining 0.99% and India&rsquo;s S&amp;P BSE Sensex gaining 0.2%.
China&#39;s retail sales rose by 5.5% year-over-year in January-February, while unemployment rate averaged 5.3% in the same period. Chinese industrial production surged by 7.0% year-over-year in January-February. Japanese core machinery orders declined 1.7% month-over-month to 823.8 billion yen in January.
&nbsp;
<h3>Economics</h3>
&nbsp;
The NAHB/Wells Fargo Housing Market Index rose to 51 in March, notching the highest reading in eight months, versus a reading of 48 in February and beating market estimates of 48.
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/03/37770547/how-to-earn-500-a-month-from-caleres-stock-ahead-of-q4-earnings"> How To Earn $500 A Month From Caleres Stock Ahead Of Q4 Earnings</a>

Dow Jumps Over 100 Points; US Housing Market Index Surges In March

Worksport shares are trading lower after the company reported the pricing of an approximately $2.8 million registered direct offering and concurrent private placement.

These Consumer Cyclical stocks are trading higher:-Lottery.com Inc (LTRY) stock is trading at $2.32, a gain of $0.33, or 16.58%, on high volume.  Lottery.com gets a Sentiment Score of Neutral from InvestorsObserver.  -Worksport Ltd (WKSP) stock is trading at $1.40, a gain of $0.17, or 13.8%, on moderate volume.  Worksport

Consumer Cyclical Stocks Moving Up and Down Wednesday: LTRY, WKSP, OI, CMG, TCS, SHCO, WNW, VLCN

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Worksport Ltd (WKSP) has gained Thursday morning, with the stock gaining 0.94% in pre-market trading to 1.07. WKSP's short-term technical score of 18 indicates that the stock has traded less bullishly over the last month than 82% of stocks on the market. In the Auto Parts industry, which ranks 132 out of 146 industries, th

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Worksport Ltd (WKSP) stock has fallen -33.96% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserverâ€&#x2122;s proprietary ranking system, gives WKSP stock a score of  30 out of a possible 100. That rank is  influenced by a short-term technical score of 4. WKSP's rank also incl

Is Worksport Ltd (WKSP) Stock a Bad Value?

Worksport drops 10% on pricing $2.8M private offering

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Worksport (NASDAQ:<a href="https://investorplace.com/stock-quotes/wksp-stock-quote/">WKSP</a>) just reported results for the fourth quarter of 2023.<ul><li>Worksport reported earnings per share of -19 cents. This was above the analyst estimate for EPS of -24 cents.</li><li>The company reported revenue of $839,373.</li><li>This was 30.05% worse than the analyst estimate for revenue of $1.20 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/03/wksp-stock-earnings-worksport-for-q4-of-2023/">WKSP Stock Earnings: Worksport Beats EPS, Misses Revenue for Q4 2023</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

WKSP Stock Earnings: Worksport Beats EPS, Misses Revenue for Q4 2023

Worksport files to sell 7.7M shares for holders

Analyst Tate Sullivan from Maxim Group maintained a Buy rating on Worksport (WKSP – Research Report) and decreased the price target to $1.50 from $...

Maintaining Buy Rating for Worksport: Growth Potential Outweighs Revised Estimates and Equity Dilution Concerns

Worksport (WKSP) has issued an announcement. Worksport Ltd. has announced its belief that its stock is currently undervalued and is signaling a str...

Worksport Projects Strong Growth and Undervalued Stock

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Press Releases

Worksport Reports 2,050% Increase in Q4 2023 YOY Revenue, Following a 2,400% YOY Q3 Revenue Advance

Infineon and Worksport collaborate to reduce weight and cost of portable power stations with GaN

Worksport Completes Production of First 1,100 AL3PRO Hard folding Covers compatible with Ford, General Motors, Stellantis, Nissan, and Toyota Trucks

Worksport Announces SOLIS Solar Cover Availability for Ford F-150 Lightning, Pioneering Sustainable Off-Grid Energy Solutions for EV Pickup Trucks

Worksport Ltd. Announces New Distribution Partnership with Dix Performance North to Expand Presence Across Canada

Worksport Set to Launch Innovative SOLIS & COR System This Summer, Providing Options for Partnerships with Tesla, GM, and Ford.

Worksport to Advance Power Electronics with Gallium Nitride Semiconductors, improving on Silicone-Based Technology

WORKSPORT ANNOUNCES PRICING OF APPROXIMATELY $2.8 MILLION REGISTERED DIRECT OFFERING & CONCURRENT PRIVATE PLACEMENT PRICED AT-THE-MARKET UNDER NASDAQ RULES

WORKSPORT ANNOUNCES RECEIPT OF SOLAR PANELS REQUIRED TO BEGIN PRODUCTION OF HIGHLY ANTICIPATED SOLIS SOLAR TONNEAU COVER

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