Bull&Bear | HE Equipment Surges 105% Amid United Rentals Acquisition News; Baird Medical Plummets 30%

In the realm of bullish stocks, HE Equipment Services (HEES) has marked a notable increase of 105.48%, maintaining a two-day upward streak with a total rise of 105.53% over this period. The uptick is attributed to United Rentals' announced acquisition of H&E Equipment Services. Analysts suggest that this transaction carries minimal regulatory risk, which is expected to positively influence HEES's stock price.

Rigetti Computing (RGTI) surged by 47.93%. This gain followed comments from Riley that alleviated certain misinterpretations regarding commercialization concerns, thereby boosting investor confidence in quantum stocks.

ThredUp (TDUP) experienced a growth of 45.38%, also marking a two-day gain totaling 47.66%. The uptick in ThredUp's stock was spurred by initial fourth-quarter operating income results that surpassed market expectations.

Star Fashion (STFS) saw its stock price rise by 31.70%. This increase followed the announcement by WestPark Capital that the $8.6 million IPO for Star Fashion Culture Holdings Limited on the STAR Market had concluded successfully.

Palladyne AI (PDYN) reported an increase of 24.86%. Palladyne AI has set forth plans for a project to commence in 2025 with a projected duration of 26 months, capturing attention for its ambitious timeline.

On the bearish side, Baird Medical (BDMD) plummeted by 30.42%. The stock saw a pre-market drop exceeding 42%, fueling market concern over its performance.

Jupiter (JUNS) declined by 28.37%, continuing a three-day losing streak that has resulted in a 31.10% decrease over the period. The decline coincided with Jupiter Neurosciences' announcement to strategically focus on targeting NLRP3 inflammasomes within clinical trials for neurodegenerative diseases, using the JOTROL platform.

Aehr Test Systems (AEHR) suffered a 27.08% fall, marking a four-day decline totaling 34.42%. The drop was a result of weak performance metrics released, which placed it alongside other major stocks experiencing losses during pre-market trading on Tuesday.

Signet Jewelers (SIG) saw a decline of 21.65%, continuing a two-day losing trend with a cumulative drop of 24.30%. The decrease was partly due to diminishing interest in diamonds, which affected its sales figures.

Fitell (FTEL) experienced a 19.66% decrease, continuing a three-day slide that amounted to a 25.82% total decline. This downturn followed Fitell Corp's filing with the SEC for a mixed shelf offering of up to $150 million.