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U.S. stock night trading opened with fluctuations: BitMine Immersion Tech fell 4.56% in night trading; Regencell Bioscience rose 3.71% in night trading

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U.S. Stock Night Market Opening Movements

BitMine fell 4.56% in the night market. Based on recent important news:

  1. On July 29, BitMine Immersion Technologies announced a $1 billion stock buyback plan, raising concerns about its financial condition, leading to a 4.56% drop in stock price.

  2. On July 29, the company disclosed that its Ethereum holdings increased to approximately 625,000 coins, adding 58,224 Ethereum, causing market doubts about its cryptocurrency investment strategy.

  3. On July 29, BitMine held 192 Bitcoins, raising concerns in the market about the stability of its crypto asset allocation.

Regencell Bioscience rose 3.71% in the night market. Based on recent important news:

  1. On June 17, Regencell Bioscience announced a stock split, expanding the number of circulating shares, attracting retail investors, and causing the stock price to soar.

  2. On June 18, analysts stated that the surge in Regencell Bioscience's stock price was seen as driven by speculation, with a very low proportion of circulating shares, leading to significant price volatility.

  3. On June 16, Regencell Bioscience issued a risk warning, stating it had not generated revenue or patents, creating a contrast between its market value and revenue.

Top Gainers in the U.S. Stock Night Market

4D Molecular Therapeutics rose 30.89% in the night market. Based on recent key news:

  1. On July 31, 4D Molecular Therapeutics released an important announcement, causing the stock price to surge by 30.89%.

  2. On July 30, the company announced significant breakthroughs in its new drug development, receiving a positive market response.

  3. On July 29, industry analysts upgraded their ratings for the company, further driving up the stock price.

Figma rose 24.58% in the night market. Based on recent key news:

  1. On July 31, Figma went public on the NYSE, pricing its IPO at $33 per share, above the originally planned range, with 30 times oversubscription, raising over $1.2 billion, and a valuation of $19.5 billion.

  2. On August 1, Figma opened up over 172%, trading at $93.5, with an IPO price of $33.

  3. On August 1, Figma's first day of trading triggered a circuit breaker, now up over 240%, trading at $112.77.

Reddit rose 16.93% in the night market. Based on recent important news:

  1. On August 1, Reddit announced its second-quarter financial report, with a net profit of $89 million, reversing last year's loss, and the stock price rose over 19% in extended trading hours.

  2. On August 1, Reddit's advertising system optimization and user growth exceeded expectations, driving the stock price up.

  3. On August 1, Reddit provided an optimistic outlook for the third quarter, expecting revenue and EBITDA to exceed market expectations, boosting the stock price

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