Bull&Bear | Revance Therapeutics Soars 134% in Three Days Amid Acquisition Investigation

Generated by AI AgentAinvest Movers Radar
Monday, Aug 12, 2024 6:00 pm ET1min read
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Bullish Stocks:

Revance Therapeutics (RVNC) surged 86.97%, marking a three-day consecutive rise with a total increase of 134.04% in the past three days. Rowley Law is currently investigating the proposed acquisition of Revance Therapeutics, Inc.

TOYO (TOYO) climbed 34.89%, continuing a three-day rally, rising 55.68% over the last three days. We appreciate TOYO's foundational capital return trends.

Personalis (PSNL) jumped 32.21%. Personalis shares rose by 25% after their Q2 operating income exceeded expectations, coupled with positive earnings guidance.

Telos (TLS) increased by 31.25%. Telos Company expanded TSA PreCheck enrollment at seven new locations.

MediaCo Holding (MDIA) ascended 24.81%, with a six-day consecutive rise totaling 44.54% over the past six days. MediaCo Holding Inc filed a mixed shelf offering for up to $24.7 million, according to SEC filings.

Bearish Stocks:

B. Riley Financial (RILY) plummeted 51.92%, with a three-day consecutive decline totaling 53.59% over the past three days. B. Riley Financial announced a delay in submitting its quarterly report and suspended dividend payments, predicting losses that resulted in a significant drop in stock value.

iLearningEngines (AILE) dropped 47.23%, with a two-day consecutive fall amounting to 48.83% over the past two days. iLearningEngines announced the effectiveness of its S-1 form registration for existing shares.

JetBlue Airways (JBLU) fell 20.66%. S&P downgraded JetBlue Airways' rating from 'B' to 'b-' due to loyalty financing and weaker operational performance, although the outlook remains stable.

Fortrea Holdings (FTRE) declined by 20.35%. William Blair reiterated its market perform rating for Fortrea Holdings.

Serve Robotics (SERV) decreased by 18.71%, marking a four-day consecutive drop, totaling 28.46% over the past four days. Serve Robotics announced the date for its Q2 2024 financial report and conference call.

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