Bull&Bear | INNOVATE Corp Soars 85.52% on FDA Approval; FTAI Aviation Drops 25.44% Amid Report Delay Concerns

In the realm of bullish stocks, INNOVATE Corp (VATE) experienced a significant surge, climbing 85.52% and marking a five-day consecutive rise, achieving a 100.00% increase over the last five days. This substantial upwards momentum was attributed to the company's announcement of receiving FDA approval for its TGFR system, which is utilized for precise kidney function testing.

American Energy (USEG) also witnessed a notable gain of 65.95%, with a three-day consecutive increase of 79.07%. This positive performance was linked to statements made by former President Trump regarding plans to "fill up the Strategic Petroleum Reserve," which positively influenced energy stocks.

Meanwhile, Dogness International Corporation (DOGZ) saw its stock rise by 58.90%. The company's CEO, Chen Silong, expressed satisfaction with the firm's recent 13% gain, which contributed to the bullish sentiment around the stock.

Redwire (RDW) recorded a 51.59% increase and experienced successive gains over four days, culminating in a total rise of 62.26%. Roth MKM maintained its buy rating on Redwire and raised its target price to $30, bolstering investor confidence.

Furthermore, Rigetti Computing (RGTI) rose by 41.96%. Quantum stocks like Rigetti were propelled by strong interest in technology and artificial intelligence stocks, as investors considered new government policies and AI initiatives.

Turning to bearish stocks, FTAI Aviation (FTAI) fell by 25.44%, marking a consecutive two-day decline, amassing a total decrease of 30.18% over this period. The decline came after FTAI Aviation announced a potential delay in submitting its 24 fiscal year 10-K report, which led to investor concern and a subsequent drop in stock price.

New Oriental Education & Technology Group (EDU) faced a decline of 23.22%. This downturn was spurred by JPMorgan's decision to downgrade the ADRs of New Oriental to a neutral rating, affecting investor sentiment negatively.

Triller Group (ILLR) encountered a 23.50% reduction. The uncertainty surrounding Triller's handling of TikTok content prior to an impending ban contributed to the decline in its stock value.

Baird Medical (BDMD) saw a decrease of 21.81%. The stock experienced significant pre-market trading volatility, plummeting over 42%, drawing attention to the rapid fluctuations in its stock market activity.

Lastly, Calumet Specialty Products (CLMT) dropped by 12.83%. The fall came as a result of the company's preliminary fourth-quarter financial results, prompting a negative market reaction and a decrease in share price.