Bull&Bear | Affirm Holdings, Skillsoft, and Eos Energy Lead Bullish Surge; iLearningEngines and Dollar General Lead Bearish Decline
Generated by AI AgentAinvest Movers Radar
Thursday, Aug 29, 2024 6:00 pm ET1min read
AFRM--
JBDI--
OKTA--
SCWX--
Bullish Stocks:
Affirm Holdings (AFRM) up 31.92%. Affirm's stock soared by 34%, marking its best performance in three years as its earnings exceeded expectations.
Skillsoft (SKIL) up 28.98%. The Mark Cuban Foundation has partnered with Skillsoft's Codecademy to expand artificial intelligence education.
Eos Energy (EOSE) up 26.48%. Eos Energy's stock rose after the company announced it met the first milestone related to an investment from Carberus Capital Management, enabling it to draw an additional $30 million from a delayed payment loan.
BAIYU Holdings (BYU) up 22.73%, gaining for four consecutive days with a total increase of 47.95% over this period. BAIYU Holdings subsidiary plans to acquire Jintongyuan Energy Storage Technology for $105.30 million in cash.
SecureWorks (SCWX) up 20.41%. Dell is working with financial advisors to explore the sale of U.S. cybersecurity company SecureWorks.
Bearish Stocks:
iLearningEngines (AILE) down 53.29%. iLearningEngines reviewed a complete short-seller report, believing it contains "misleading statements, speculations, and insinuations."
Dollar General (DG) down 32.15%, declining for two consecutive days with a total drop of 32.84% over this period. Dollar General lowered its guidance after quarterly earnings fell short of expectations.
JBDI Holdings (JBDI) down 19.29%. JBDI Holdings reported in its 6-K filing that it failed to meet market expectations in its latest earnings report, leading to investor concerns about its future growth prospects.
Okta (OKTA) down 17.64%, declining for four consecutive days with a total drop of 19.69% over this period. Market discussions around Okta highlight significant resistance that is too substantial to overlook.
Birkenstock (BIRK) down 16.14%, declining for four consecutive days with a total drop of 19.93% over this period. Williams Trading maintains a buy rating for Birkenstock with a target price of $67.
Affirm Holdings (AFRM) up 31.92%. Affirm's stock soared by 34%, marking its best performance in three years as its earnings exceeded expectations.
Skillsoft (SKIL) up 28.98%. The Mark Cuban Foundation has partnered with Skillsoft's Codecademy to expand artificial intelligence education.
Eos Energy (EOSE) up 26.48%. Eos Energy's stock rose after the company announced it met the first milestone related to an investment from Carberus Capital Management, enabling it to draw an additional $30 million from a delayed payment loan.
BAIYU Holdings (BYU) up 22.73%, gaining for four consecutive days with a total increase of 47.95% over this period. BAIYU Holdings subsidiary plans to acquire Jintongyuan Energy Storage Technology for $105.30 million in cash.
SecureWorks (SCWX) up 20.41%. Dell is working with financial advisors to explore the sale of U.S. cybersecurity company SecureWorks.
Bearish Stocks:
iLearningEngines (AILE) down 53.29%. iLearningEngines reviewed a complete short-seller report, believing it contains "misleading statements, speculations, and insinuations."
Dollar General (DG) down 32.15%, declining for two consecutive days with a total drop of 32.84% over this period. Dollar General lowered its guidance after quarterly earnings fell short of expectations.
JBDI Holdings (JBDI) down 19.29%. JBDI Holdings reported in its 6-K filing that it failed to meet market expectations in its latest earnings report, leading to investor concerns about its future growth prospects.
Okta (OKTA) down 17.64%, declining for four consecutive days with a total drop of 19.69% over this period. Market discussions around Okta highlight significant resistance that is too substantial to overlook.
Birkenstock (BIRK) down 16.14%, declining for four consecutive days with a total drop of 19.93% over this period. Williams Trading maintains a buy rating for Birkenstock with a target price of $67.
Knowing stock market today at a glance
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet