Bull&Bear | NOVAGOLD and Triller Lead Gains as Patriot National and Critical Metals Face Declines

Mover TrackerTuesday, Apr 22, 2025 6:00 pm ET
1min read

In the realm of bullish stocks, NOVAGOLD RESOURCES (NG) has experienced a significant rise, surging by 39.87%, marking the second consecutive day of gains and accumulating a 45.97% increase over two days. Novagold reached an agreement with Barrick Gold to increase their stake in the Donlin project, investing a substantial sum of $1 billion.

Another notable performer, Triller Group (ILLR), saw a 33.50% increase. This came as the TRILLER community launched a celebrity-led fan center, adding momentum to its growth.

TMD Energy (TMDE) also recorded an impressive gain, rising by 44.35% and extending its rally over two days with a total increase of 61.23%. TMD Energy made its debut on the New York Stock Exchange, where its closing price exceeded the IPO price, reflecting strong investor interest.

ECARX Technologies (ECX) witnessed a 25.52% uptick. The company announced a strategic partnership with HERE Technologies to collaboratively develop a next-generation AI-driven in-car navigation system, aimed at serving global automotive manufacturers.

Bitdeer (BTDR) reported a 23.42% rise, as the company successfully raised $179 million through loans and stock issuance, supporting its operational and expansion endeavors.

On the bearish side, Patriot National Bancorp (PNBK) experienced a significant decline of 22.58%. This downward trend coincided with the announcement that David Finn, the bank's Chief Financial Officer, will resign, sparking concerns among investors.

Critical Metals (CRML) fell by 16.16%, accumulating a two-day drop of 22.89%. The decline was influenced by reports suggesting that former President Donald Trump plans to stockpile deep-sea critical metals to counteract China, although these plans are projected for 2025.

USA Rare Earth (USAR) saw its stock decrease by 12.69%, marking the third consecutive day of losses with a total three-day drop of 34.55%. The decline was reported after USA Rare Earth signed a memorandum of understanding with StudBuddy to deliver small ant magnets made in the United States.

Northrop Grumman (NOC) fell by 12.66%, continuing its downward trajectory over two days with a total decrease of 14.12%. The defense contractor outlined ambitious sales targets, aiming for $42-42.5 billion by 2025, due to growing backlog orders.

NioCorp Developments (NB) dropped by 12.20%. The company projected a first-quarter loss of $5.4 million, or $0.11 per share, as per their SEC filings, which contributed to investor uncertainty surrounding its financial performance.

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