In the realm of bullish stocks, fuboTV (FUBO) has surged by 249.31%, marking a four-day consecutive increase resulting in a cumulative rise of 302.40% over the past four days. Reports indicate that Disney is reportedly nearing a merger agreement with fuboTV, which could potentially lead to the emergence of the second-largest digital pay-TV provider.
DIH Holding US (DHAI) saw an impressive increase of 85.99%, marking a three-day streak leading to an overall gain of 111.59% in the last three days. This comes as DIH has appointed Sheltering Arms Institute as a Center of Excellence for DIH.
Arbe Robotics (ARBE) experienced a 52.09% gain, with a three-day rise culminating in a 115.05% increase. The company's growth is attributed to its collaboration with NVIDIA to develop AI-based perception radars for automobiles.
Ocean Power Technologies (OPTT) witnessed a 44.59% rise, maintaining a two-day upward trend resulting in a 58.91% increase over the two days. The focus on Ocean Power Technologies' options was highlighted with 73,800 contracts traded and 102,500 open interest as of December 31.
Chang'an Energy (PTLE) rose 37.62%, with pre-market trading indicating a rise of over 7%. Since its listing, the stock has cumulatively increased by 83%.
On the bearish side, Faraday Future (FFIE) dropped by 24.21%, experiencing a two-day decline totaling a 34.69% decrease. The company announced an exclusive private showcase and experience for its FX prototype in Las Vegas, Nevada.
Gorilla Technology (GRRR) fell by 16.20%, marking a two-day decline totaling an 18.99% decrease. An interview featuring Gorilla Technology and Nova Mining is set to air on Bloomberg TV's RedChip Small Stocks, Big Money program.
NextNav (NN) decreased by 16.17% following the sale of 251,500 shares of common stock by a director, valued at approximately $4.1473 million.
Caravelle International Group (HTCO) saw a decline of 14.56%, with a two-day decrease culminating in a 15.18% drop. The company released its unaudited financial results for the period ending April 30, 2024, which revealed a year-over-year revenue decline and a significant decrease in net profits, raising concerns about its future profitability.
WiMi Hologram Cloud (WIMI) fell 13.66%, experiencing a four-day consecutive decline resulting in a cumulative decrease of 42.08%. This decline coincides with a broader market pullback, affecting prominent technology stocks and popular sectors.
