Bull&Bear | JBDI Holdings Soars 49.60% Amid IPO, Autohome Drops 34.50% on Nasdaq Debut

Bullish Stocks:

JBDI Holdings (JBDI) surged by 49.60%, continuing a 2-day rally with a cumulative gain of 202.80% over the past two days. JBDI Holdings Inc. announced the completion of its $11.25 million initial public offering.

Ooma (OOMA) gained 24.94%. Lake Street maintained a buy rating on Ooma, setting a target price of $14.

Neonode (NEON) jumped 23.67%. Neonode soared after winning an appeal in its case against Samsung.

21Vianet Group (VNET) rose 18.00%. DBS Bank initiated a buy rating on 21Vianet Group with a price target of $2.5.

Telos (TLS) increased 17.09%. Telos announced that its chief partner had informed the company that the government "stop-work order" on the same contract was officially lifted, effective September 28.

Bearish Stocks:

Autohome (AZI) dropped 34.50%. Autohome debuted on Nasdaq, and its stock price fell by more than 15%.

Kanzhun Limited (BZ) fell 21.45%, declining for three consecutive days with a total drop of 22.78%. During intraday trading, U.S.-listed Chinese tech stocks weakened, with Kanzhun Limited leading the decline.

Super Micro Computer (SMCI) decreased 19.02%, marking a three-day losing streak with a cumulative decline of 27.68% over the past three days. Super Micro Computer's 10-K report submission was delayed.

Neurocrine Biosciences (NBIX) tumbled 18.87%. Jefferies maintained its buy rating on Neurocrine Biosciences but lowered its target price to $169.

Gaotu Techedu (GOTU) fell 18.43%, continuing a two-day losing streak with a total decline of 33.82% over the past two days. Gaotu Techedu reported a net loss for the fourth consecutive quarter, with operating expenses increasing by 144% in the second quarter.