• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Top Stock Gainers And Losers: IBRX +26.37%, CPRI -48.89%
Economy

Top Stock Gainers And Losers: IBRX +26.37%, CPRI -48.89%

by October 28, 2024
by October 28, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Top Gainers

Symbol
Company Name
Price
Change
Change %

IBRX
ImmunityBio, Inc. 
5.32
+1.11
+26.37%

Zk
ZEEKR Intelligent Technology Holding Limited
28.85
+5.74
+24.84%

NWL
Newell Brands Inc.
8.73
+1.55
+21.59%

TPR
Tapestry, Inc. 
50.49
+6.02
+13.54%

DJT
Trump Media & Technology Group Corp.
38.95
+4
+11.44%

Top Losers

Symbol
Company Name
Price
Change
Change %

CPRI
Capri Holdings Limited 
21.26
-20.34
-48.89%

JOBY
Joby Aviation, Inc. 
5.16
-0.88
-14.57%

TBBK
The Bancorp, Inc. 
47.01
-7.95
-14.47%

MHK
Mohawk Industries, Inc. 
130.88
-20.99
-13.82

CRI
Carter’s Inc.
56.95
-8.74
-13.30%

 

After a sideways opening market tried holding on to higher levels, but as of the last few trading sessions, selling continued in the market after an hour or two.  

NYSE Composite: -104.4 (-0.53%)
Dow Jones: -259.96 (-0.61%)
S&P 500: -1.76 (+0.03%)

#1 Gainer: IBRX Stock

ImmunityBio Inc. (NASDAQ: IBRX) stock turned out to be the top gainer after delivering nearly +77% returns in a single day and, by the end of the day, closing at +26.37%. 

ImmunityBio Inc. rallied for two consecutive days as the company announced the initiation of doses in phase 1 for CD19 t-haNK cell therapy. The trial has been named QUILT 106. This testing will be done on 100 patients looking for a cure in natural killer cell-based cellular therapy like non-Hodgkin lymphoma, a cancer of the lymphatic system. This trial is being conducted in Johannesburg, Pretoria and Bloemfontein. 

The investors are keeping high hopes with the upcoming results of the trial, as this can be a game changer for both company and market movers. 

IBRX Stock 15-Minute Chart

The stock broke all the above resistance after delivering staggering returns of +26.37 in a single day. Making an entry due to FOMO can result in risking huge amounts of money. Looking into the technicals on the 1-day time frame. We can clearly see the stock was selling for a long time.

Before giving a breakout, the price was in the channel, as marked in the image. Buyers were taking a position in the sock. Looking at the current situation, the market made an inverted pin bar like a candle which indicates heavy selling from higher levels. 

You can enter if the price retests the $3.95 level. Place your stop loss at $2.90 and set targets at $6.77 and $7.63.

#1 Loser: CPRI Stock

Capri Holdings Limited (NASDAQ: CPRI) stock faced a -48.89% decline in just one single day, wiping out $2.2 billion from the market cap. 

The stock tumbled after a judge blocked the $8.5 billion tapestry deal, making it difficult for the company to sustain in luxury brand competition. This deal was proposed last year to compete with European giants by bringing major brands under one roof. 

Due to inflation and current market conditions, luxury brands face challenges due to customers focusing on essential buying. This makes it hard for the company to sustain itself. 

Capri could plan to seek another suitor, said Dana Telsey of Telsey Advisory Group, but with the delay in the deal and weak results, investors are looking for their trust in the stock. 

CPRI/USD 15-Minute Chart

After facing a huge selling of -48.89%, the market is in a selling trend on a weekly time frame. RSI is near 30 levels, indicating selling pressure is still ongoing. 

The selling position could trigger if the price breaks the previous day’s low ($20.99) with a target of $8.38 and a stop-loss of $31.69. 

The post Top Stock Gainers And Losers: IBRX +26.37%, CPRI -48.89% appeared first on FinanceBrokerage.

You Might Also Like
  • Super Tuesday boosting Trump closer to clinching GOP nomination as Haley makes possible last stand
  • Brace yourself, America. With Kamala Harris, Democrats are about to put on an incredible show
  • George Santos delivers speech on Holocaust remembrance after lying about Jewish heritage
  • DeSantis, Haley target President Biden over humanitarian aid to Palestinians: ‘Doubly problematic’
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Top Crypto Gainers And Losers: TROY Token +78%, KP3R -10%
next post
Delta sues CrowdStrike after widespread IT outage that caused thousands of cancellations

You may also like

Arkansas Gov. Sarah Sanders makes major endorsement in 2024 Republican...

November 9, 2023

Maryland law allowing recreational marijuana takes effect

July 2, 2023

Johnson defends vote to formalize Biden impeachment inquiry amid White...

December 13, 2023

Fauci set to be grilled by House GOP majority for...

December 1, 2023

Utah Rep Chris Stewart to resign from House, shrinking GOP...

May 31, 2023

Connecticut eyes earlier presidential primary date

March 25, 2023

Squad and Marjorie Taylor Greene join 16 lawmakers calling on...

November 11, 2023

Stampede, gunfire at Gaza humanitarian aid delivery kills over 100,...

March 1, 2024

Russia accidentally drops bombs on own village as missiles continue...

January 3, 2024

Iran issues warning to US about possible attacks on 2...

February 5, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025
    • U.S. foreign tax bill sends jitters across Wall Street

      May 30, 2025
    • Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

      May 30, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,765 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,472 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,451 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,432 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,308 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,581)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right...

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,581)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Minnesota lawmakers eye pre-registering 16, 17-year-olds...

    April 27, 2023

    ‘Access granted’: Biden’s free vacation at...

    August 23, 2024

    Ex-FBI director Comey says prosecutors face...

    June 5, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here