Bullish Stocks:
Accuray (ARAY) soared by 51.75%. Accuray's stock price surged 39% after the company raised its annual revenue forecast.
AST SpaceMobile (ASTS) increased by 50.70%. AST SpaceMobile reported strong growth.
United Benefit Insurance (UBXG) rose by 44.98%, marking a seven-day streak with a cumulative increase of 185.98%. United Benefit Insurance plans to launch a new insurance product aimed at further expanding its market share and enhancing customer satisfaction. The new product will offer more flexible coverage options and favorable rate structures, targeting customers of various age groups and professions. Industry analysts believe this move could enhance the company’s market competitiveness and profitability, positively impacting its stock price.
Lucas GC (LGCL) climbed 37.98%, extending a three-day streak with a total gain of 58.93%. Lucas GC Ltd. announced a $6 million stock repurchase program.
Telos (TLS) surged by 26.20%. According to recent filings with the U.S. Securities and Exchange Commission, Telos insiders purchased a total of $621,494 worth of stock.
Bearish Stocks:
Sow Good (SOWG) plummeted by 34.77%. Sow Good’s stock price fell after the company reported its Q2 financial results, with earnings per share of $0.29 and revenue of $15.6 million.
Spire Global (SPIR) dropped 33.56%, continuing a two-day decline with a total drop of 39.62%. Spire Global’s stock declined due to issues related to financial auditing.
B. Riley Financial (RILY) fell by 27.69%, marking a six-day losing streak with a cumulative decrease of 71.30%. B. Riley Financial’s stock price declined, leading to a trading halt and a subsequent drop of 22.67%.
Sigature (SIGA) declined by 19.63%. Amid the ongoing pandemic, the first non-African case of MPOX was reported. Bio-Vaccine group Gavi announced up to $50 million in funding for MPOX response measures.
Other Developments:
Bitdeer announced plans to issue $150 million in convertible bonds.
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