Bull&Bear | Starbox Group Holdings Leads Bullish Stocks with 40% Surge; Elastic Falls 26.49%

Bullish Stocks:

Starbox Group Holdings (YIBO) rises by 40.00%. Starbox International has surged by 36.19%, making it the biggest gainer among U.S.-listed Chinese stocks.

Intchains Group (ICG) gains 28.65%, marking a two-day increase of 30.25%. The company's GAAP earnings per share stood at $0.06, while its revenue was $16.9 million, exceeding the expected $4.85 million.

QMMM Holdings (QMMM) increases by 23.58%. QMMM Holdings announced the acquisition of $8.6 million through an initial public offering.

Leslie's (LESL) rises by 20.80%, marking a two-day gain of 21.04%. Leslie’s Inc stock experienced a rebound following the disclosure of insider purchases.

MongoDB (MDB) up by 18.34%, with a two-day increase of 23.55%. MongoDB, Inc. reported its financial results for the second quarter of fiscal year 2025.

Bearish Stocks:

Elastic (ESTC) declines by 26.49%. DA Davidson lowered Elastic’s price target from $100.00 to $75.00 per share.

Astera Labs (ALAB) drops by 10.70%. Affiliates of Astera Labs plan to sell 228,100 shares, valued at approximately $9.0993 million.

B. Riley Financial (RILY) falls by 10.31%. B. Riley Financial Inc. secured creditor approval for an extension to issue overdue financial reports as the company attempts to manage over $2 billion in debt.

FreightCar America (RAIL) declines by 9.81%. Nasdaq stock RAIL surged by 31%, further pushing up the price of FreightCar America Inc., potentially introducing price risks.

Bark (BARK) drops by 8.74%. Analysts hold varied sentiments towards consumer cyclical companies such as ACV Auctions, Bark Inc. Class A, and BorgWarner.