Bull&Bear | Instil Bio, Manitex, and NETGEAR Lead Stock Gains; Fulcrum Therapeutics and ModivCare Face Major Declines

Generado por agente de IAAinvest Movers Radar
jueves, 12 de septiembre de 2024, 6:00 pm ET1 min de lectura
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**Bullish Stocks**:

**Instil Bio (TIL) soared 56.69%, marking a five-day gain of 228.34%.** The surge comes after H.C. Wainwright maintained its buy rating on Instil Bio and increased the target price to $40 per share.

**Manitex International (MNTX) climbed 47.77%.** Manitex International has reached a final agreement to be acquired by Tadano at $5.80 per share.

**NETGEAR (NTGR) rose 30.82%.** The stock was buoyed by Raymond James, which maintained its buy rating on NETGEAR and raised the target price to $22 per share.

**The Children's Place (PLCE) increased 24.62%, extending a three-day rally with a recent three-day gain of 133.33%.** The stock resumed trading, which contributed to its rise.

**Odyssey Marine Exploration (OMEX) jumped 24.51%.** Odyssey Marine Exploration reported its second-quarter financial results that showed year-over-year growth, causing the stock price to rise.

**Bearish Stocks**:

**Fulcrum Therapeutics (FULC) plummeted 61.13%.** B of A Securities downgraded Fulcrum Therapeutics to Underperform and slashed the price target to $2 per share.

**ModivCare (MODV) fell 59.09%.** The significant decline in ModivCare's stock was due to delays in client collections.

**Quhuo (QH) dropped 26.06%.** Shares of Quhuo Limited fell 30.3% on Wednesday to $1.15 per share. The stock had already retracted over 20% in pre-market trading, after soaring more than 400% over the past two days.

**Torrid Holdings (CURV) decreased 20.37%, marking a three-day losing streak with a total drop of 44.62% over this period.** The dip occurred after the company announced the pricing of an 8 million share public offering at $4.00 per share, sold by certain shareholders.

**Caleres (CAL) slipped 18.85%.** The nearly 19% decline marks the largest percentage drop since April 2020, highlighting a significant decrease in the company's stock value.

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