Bull&Bear | Allakos and Armlogi Lead Bull Charge, Genuine Parts Sinks Amid Profit Concerns

In the realm of bull stocks, Allakos (ALLK) surged 57.09%, continuing a three-day rally with an overall increase of 106.15% over the past three days. This uptick comes in the wake of the company’s early-stage data release, which sparked significant market activity.

Armlogi Holding (BTOC) saw a rise of 47.70%, marking a five-day streak with a cumulative 70.11% increase. This growth is attributed to substantial progress reported by the company and its enhanced integration with the Temu platform.

Phunware (PHUN) climbed 38.41%, continuing a two-day upward trend with a total gain of 71.94% over two days. The stock's movement is linked to fluctuations in shares related to Trump and associated with Trump Media & Technology Group.

Sangamo Therapeutics (SGMO) rose by 32.53%. H.C. Wainwright has maintained a buy rating on Sangamo Therapeutics, with a target price of $5 per share.

Flexsteel Industries (FLXS) gained 29.34%. The company reported first-quarter 2025 financial results exceeding expectations, raised its operating income guidance for fiscal 2025, and issued a positive second-quarter revenue forecast.

On the flip side, in bear stocks, Genuine Parts (GPC) dropped 20.97%, extending a three-day losing streak with a total decline of 21.25% over that period. This downturn followed a dip in third-quarter profits that fell short of expectations, leading JP Morgan to cut its target price from $162.00 to $135.00 per share.

Voyager Therapeutics (VYGR) decreased by 19.19%, continuing a two-day downtrend with a cumulative decline of 23.30%. Institutional investors in Voyager Therapeutics, Inc. might find satisfaction in gains following a 5.0% loss over the last year.

Lightbridge (LTBR) fell 19.14%. The company announced its participation in upcoming industry events.

DMC Global (BOOM) decreased 18.25%, continuing a three-day losing streak with a total drop of 20.35%. Analysts have maintained a buy rating on DMC Global, with a target price of $16.

Denny’s (DENN) dropped 17.62%, extending losses over four days to a 18.48% decline. This decrease followed the company’s downward revision of its 2024 guidance.