Bull&Bear | Stock Gains: Uxin, Nano Labs Soar; E.W. Scripps, KalVista Surge Amidst Declines for ICG, Data Tree Cloud
In the realm of rising stocks, Uxin (UXIN) experienced an impressive increase of 83.75% over the past two days, culminating in a two-day gain of 121.28%. Uxin Limited has maintained a stable price-to-sales ratio, with its stock price rebounding by 49%.
Nano Labs (NA) saw a remarkable rise of 74.17% over a four-day period, with a total increase of 241.22%. The company announced an upcoming share consolidation, which contributed to the surge in its stock price.
E.W. Scripps (SSP) climbed by 23.68% over four days, achieving a cumulative gain of 35.84%. The company's Scripps News division received a National News Emmy Award for its investigative reporting on "Poisoned Water."
KalVista (KALV) rose by 23.40% over the past two days, with a total two-day increase of 30.44%. The pharmaceutical company was initiated with a "buy" rating by Jones Trading, with a price target set at $35.
Onity Group (ONIT) increased by 19.65% over two days, with a total gain of 20.04%. The company expanded its partnership with a capital management firm by transferring reverse mortgage assets.
On the declining side, Intelligent Chain Group (ICG) fell by 43.99%. Its shares were suspended, triggering a halt mechanism as the stock dropped by 21%.
Data Tree Cloud (DSY) experienced a significant decrease of 20.59% over nine consecutive days, leading to a total drop of 46.92%. Trading was paused due to a surge in the circuit breaker, and the stock has now declined by 39%.
Taylor Devices (TAYD) saw a decline of 17.20% over two days, with an overall two-day decrease of 18.31%. The company reported its first-quarter financial results, revealing earnings per share of $0.80 and operating revenue of $12.06 million.
Acadia Healthcare (ACHC) dropped by 16.36% over three days, with a total three-day decrease of 17.40%. Federal investigations are ongoing into the psychiatric hospital chain operator, even after reaching a $20 million settlement over false claims allegations.
ReposiTrak (TRAK) declined by 10.87%. The company announced a record date of September 30, 2024, for distributing dividends, with a cash dividend of $0.0165 per share.

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