Bull&Bear | Allego Surges 82.86% on €20M Loan; Richtech Robotics Up 45.70% with First Humanoid Robot in Walmart

Bullish Stocks:

Allego(ALLG) surged 82.86%, marking a two-day streak with a 102.11% increase over the past two days. Allego secured a €20 million loan to enhance its charging station network in Poland.

Graphjet(GTI) rose by 46.60%. Graphjet's stock climbed after the company regained compliance status with Nasdaq.

Richtech Robotics(RR) increased by 45.70%, maintaining a five-day winning streak with a 179.07% rise over the last five days. Richtech Robotics announced the installation of ADAm, a humanoid drink robot, in a Walmart kitchen in Rockford, Illinois, marking the first of its kind in the state.

BAIYU Holdings(BYU) climbed 42.86%, also on a five-day winning streak, with a 110.53% increase over the past five days. BAIYU Holdings completed the merger with Electra New Energy Vehicle Inc, gaining controlling interest.

Intuitive Machines(LUNR) rose by 33.41%, marking a two-day increase of 43.18%. Intuitive Machines' stock soared on Tuesday. What's behind this surge? Intuitive Machines showcased an investment in the Stellar Coin era.

Bearish Stocks:

Emergent(EBS) fell by 20.33%. Emergent BioSolutions sold its Baltimore-Camden manufacturing plant to Borui Pharmaceuticals.

Ginkgo Bioworks(DNA) surged astoundingly by 3194.87%, continuing a two-day streak with a 3372.97% increase over the past two days. Despite uncertainties in revenue and restructuring challenges, Ginkgo Bioworks maintained a 'Hold' rating.

Vipshop(VIPS) declined by 17.55%, marking a two-day decrease with an 18.30% drop over the past two days. Vipshop reported Q2 net revenue of RMB 26.88 billion, down from RMB 27.9 billion in the prior year. Two major Wall Street firms downgraded Vipshop's target price after the company's Q3 revenue outlook fell short of expectations.

Torrid Holdings(CURV) fell by 15.72%, with a two-day decline totaling 20.88%. Torrid experienced a tumultuous trading day, including three trading halts and a 40% plummet.

SIGA Technologies(SIGA) fell by 15.28%, continuing a two-day decline with a total drop of 15.68%. The World Health Organization issued a monkeypox alert, leading to a rise in stocks related to the concept. Which stocks are soaring?