Bull&Bear | Sionna Therapeutics Leads Bullish Surge with 38.89% Gain Amid IPO Buzz

Analysis of Bull Stocks:

Sionna Therapeutics (SION) surged by 38.89%. Sionna Therapeutics has made progress in developing treatments for cystic fibrosis and attracted market attention during its initial public offering. The offering is managed by Goldman Sachs and TD Cowen, and its shares are scheduled to begin trading on the Nasdaq Global Market on February 7.

Huachun Technology (HCAI) increased by 36.17%. The Chinese provider of intelligent parking solutions and equipment structures, Huachun Technology, has entered the US stock market.

Doximity (DOCS) rose by 36.03%, marking a two-day gain of 36.31%. Leerink Partners upgraded Doximity's rating to outperform and raised the target price to $90.

Lightbridge (LTBR) climbed by 35.38%. Lightbridge's stock rose due to a memorandum of understanding for clean nuclear energy. The company signed the memorandum with Oklo to explore co-location of commercial fuel manufacturing facilities and collaboration on fuel recycling with Ivanhoe Energy Holdings.

Centrus Energy (LEU) went up by 32.70%. Centrus plans to expand uranium production with a $60 million investment, targeting task orders from the Department of Energy.

Analysis of Bear Stocks:

BILL Holdings (BILL) dropped by 35.52%, continuing a two-day decline resulting in a total drop of 35.97%. Morgan Stanley maintained a buy rating for BILL Holdings but lowered its target price to $100.

Pliant Therapeutics (PLRX) fell by 34.81%, with a two-day decline of 37.93%. Pliant Therapeutics has paused enrollment and dosing for its Beacon-IPF program while reviewing data to understand the reasoning of the Data Safety Monitoring Board.

Canopy Growth (CGC) decreased by 27.34%. The stock of Canopy Growth fell due to disappointing third-quarter performance results.

Leslie’s (LESL) dropped by 26.79%. Telsey Advisory Group maintained a hold rating for Leslie’s but lowered the target price to $3.

Newell Brands (NWL) declined by 26.42%, continuing a two-day decline totaling 26.49%. Newell Brands is shifting its production away from China.