Bull&Bear | Diginex and Lightbridge Lead Bullish Surge; Vertical Aerospace Faces Steep Decline
In the realm of bullish stocks, Diginex (DGNX) has seen a remarkable surge of 70.00%, marking an increase over two consecutive days, with a noteworthy uptick of 210.98% during this period. The stock was temporarily halted due to hitting the upper price limit, and its current price reflects a rise of 125.3%.
Another notable performer, Ctrl (MCTR), increased by 56.81%, also maintaining a two-day upward trend, amassing a total increase of 69.75% over these two days. This upward momentum follows the successful completion of its Initial Public Offering, marking a significant milestone for MCTR Group Ltd.
Lightbridge (LTBR) continues its impressive ascent with a 41.11% rise, sustaining a six-day streak, culminating in a 100.39% increase over this period. This growth is fueled by Lightbridge's recent signing of a Memorandum of Understanding with Oklo, aimed at collaborating on research for fuel manufacturing facilities.
Nutriband (NTRB) saw a 34.88% increase, extending a four-day rally that resulted in a total rise of 143.11%. This surge comes on the heels of a new "buy" rating from Noble Financial, setting a target price of $13 per share for Nutriband.
SES AI (SES) made notable gains of 32.31%. The company's announcement of securing a $10 million contract for AI battery solutions has significantly boosted investor confidence and contributed to the stock’s upward movement.
On the bearish side, Vertical Aerospace (EVTL) plunged 42.46%, experiencing a decline over two consecutive days with an overall drop of 43.55%. The downturn is attributed to the company’s decision to raise $90 million through a funding round priced at $6 per unit.
Trident Digital (TDTH) tumbled by 27.27%. The decline followed the company's report on its first half-year sales performance on November 22, which didn't meet market expectations.
Electronic Arts (EA) decreased by 16.70% over two days, accumulating a total decline of 17.24%. The decrease is linked to the company revising its outlook downward due to stagnation in the growth of one of its key video game franchises. The dip marks EA’s largest single-day drop since 2008, as analysts closely scrutinize the challenges besetting its primary business segments.
American Battery (ABAT) experienced a fall of 16.48%, maintaining a downward trend for four days, resulting in an overall decline of 27.23%. The drop follows the announcement regarding the upcoming resignation of its Chief Financial Officer, Jesse Deitch, set for January 31, 2025.
Triumph Financial (TFIN) fell by 14.25%. The stock declined 2.2% in pre-market trading after the company failed to meet its fourth-quarter profit and revenue estimates, disappointing investors and analysts alike.
