IDT, Oracle, Scholar Rock: Retail Investors Turn Most Bearish On These Stocks

IDT Corp. ($IDT)

Shares of communications and payment services provider IDT Corp. surged nearly 20% on Wednesday following a positive earnings report that showed solid year-over-year revenue growth.

However, the company’s NRS subsidiary posted just a 2.2% year-over-year increase in same-store sales growth for September and a 1.3% drop compared to August, which tempered retail enthusiasm.

Despite the stock’s gains, retail sentiment on Stocktwits was ‘extremely bearish’ (6/100) as of 1:30 p.m. ET.

Oracle Corp. ($ORCL)

Oracle shares rose nearly 2% on Wednesday after announcing new AI-powered features within Oracle Fusion Cloud Service, aimed at improving customer service efficiency.

Retail sentiment on Stocktwits was ‘extremely bearish’ (7/100), with many investors concerned the stock remains overpriced amid the broader AI hype. Oracle’s trailing 12-month P/E ratio stands at 44.8, raising valuation concerns.

Scholar Rock Holding Corp. ($SRRK)

Shares of biotech firm Scholar Rock dropped over 4% on Wednesday after the company announced the pricing of an upsized $300 million public offering of common stock and pre-funded warrants at $28.25 per share.

This news follows a recent breakthrough in the Phase 3 trial of apitegromab, aimed at treating spinal muscular atrophy (SMA).

On Stocktwits, retail sentiment was ‘extremely bearish’ (11/100), though it slightly improved from the previous day.

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