Bull&Bear | Dashu Cloud and Roadzen Lead Bullish Surge, Pinduoduo Struggles
AInvestMonday, Aug 26, 2024 6:00 pm ET
1min read
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Regarding Bull Stocks:

Dashu Cloud (DSY) rose by 32.42%, marking a 2-day consecutive rise with a total gain of 57.72% over the past two days. The CEO of Dashu Cloud Holdings Limited, Wenquan Zhu, who is considered an optimistic insider, saw the value of his holdings increase by 97% last week.

Invivyd (IVVD) rose by 27.72%, achieving a 4-day consecutive rise with a total gain of 49.48% over the past four days. Morgan Stanley maintained its buy rating on Invivyd, although the target price was adjusted downward to $9.5.

Ritchie Logistics Technology (RITR) rose by 23.13%, marking a 2-day consecutive rise with a total gain of 27.75% over the past two days. Ritchie Logistics Technology resumed trading after being halted due to the circuit breaker mechanism. Currently, the stock price has risen by 35.4%.

Roadzen (RDZN) rose by 24.02%, achieving a 4-day consecutive rise with a total gain of 57.45% over the past four days. Roadzen reported its best performance for Q1 of 2025, bolstered by strong year-over-year revenue growth and the addition of several notable clients.

Richtech Robotics (RR) rose by 18.84%, marking a 2-day consecutive rise with a total gain of 31.20% over the past two days. Richtech Robotics' stock price increased after the company announced the installation of its first humanoid beverage robot, ADAm, in a kitchen in Illinois.

Regarding Bear Stocks:

Pinduoduo (PDD) fell by 28.51%, marking a 2-day consecutive decline with a total loss of 32.06% over the past two days. PDD Holdings was downgraded by Macquarie from outperform to neutral.

EDAP TMS (EDAP) fell by 22.96%, marking a 4-day consecutive decline with a total loss of 25.89% over the past four days. EDAP TMS saw its American depositary receipts drop significantly in Tuesday's trading.

Napco Security Technologies (NSSC) fell by 14.58%. Napco Security Technologies' stock price declined after the company released its Q4 financial results.

Icahn Enterprises (IEP) fell by 11.49%. The stock price of Icahn Enterprises dropped by 13%, reaching its lowest point in 20 years after the disclosure of a $400 million stock sale.

Solaredge (SEDG) fell by 9.18%. Solaredge Technologies saw its stock price decline following the resignation of its CEO, Zvi Lando.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.