| Bilibili [BILI] - Last Close: $36.06 Upbeat China news is boosting shares of Bilibili. The Shanghai-based entertainment stock is trending after the Chinese government. China announced curbs to compulsory COVID-19 testing in public transportation, parks, and other areas. The central government also announced it would restrict local officials' authority to impost large-scale lockdowns on their constituents. New reports coming out of China also say Hong Kong is considering doing away with its mask mandate, and the rumor is giving China stocks a boost today. BILI is one of this morning's top China stocks with a 9.7% gain. My Take: On Tuesday, news of Beijing's COVID-19 rollback sent shares of China stocks lower, but the market is reevaluating the situation today. Many China stocks, including BILI, are moving higher in a broad rally. Pharvaris [PHVS] - Last Close: $2.51 A new clinical data release is rallying Pharvaris. The clinical-stage Swiss biotech firm unveiled positive top-line data from a Phase 2 RAPIDe-1 study of PHVS416 for the treatment of HAE attacks. Pharvaris' drug candidate demonstrated statistically significant results, and it was generally well tolerated with no adverse events. The company said it plans to present the complete study data at an upcoming medical conference, although it didn't specify which. The upbeat drug data sent PHVS to a 50.6% gain in today's premarket, making it one of this morning's top performers. My Take: This stock has seen steep declines over the past three months, but recent price action could indicate a reversal is in progress. Today's rally could be the kick-start PHVS needs to pivot higher. Rent the Runway [RENT] - Last Close: $1.36 Rent the Runway is heating up after an earnings release. The second-hand fashion company reported its Q3 earnings in Wednesday's after-market, and the results were better than expected. Rent the Runway hit the consensus estimate on the nose with loss of -$(0.56) per diluted share. However, revenues of $77.4 million beat analysts' $73.3 million target. Rent the Runway also raised its full-year guidance to a range of $293 million to $295 million, which also beat the consensus estimate. RENT is trading actively with a 16.1% gain in today's premarket. My Take: RENT was a Wall Street darling at one point, but the tech sell off has really bitten into its share price. Today's rally could be a sign that RENT is staging a comeback. My Size [MYSZ] - Last Close: $0.15 My Size is soaring after a big announcement. After Wednesday's closing bell, the app-maker announced its board of directors had approved a 1-for-25 reverse stock split. My Size said the reverse split would take effect after Thursday's close. The split will reduce My Size's total share float to about 1.5 million from its current size of 36 million. The market likes the move. MYSZ is this morning's top performer with a gain of 48.1%, and it's the most actively traded stock in today's premarket session. My Take: Oftentimes, news of a reverse stock split will send share prices lower, but MYSZ is rallying on the news. I am not sure what is driving this rally, but I would be wary of a pullback if you decide to dabble in this trade. GainersMonopar Therapeutics [MNPR] >> +31.8%Comscore [SCOR] >> +19.6%SenesTech [SNES] >> +27.4%DeclinersRelmada Therapeutics [RLMD] >> (38.2%)Design Therapeutics [DSGN] >> (25.6%)Cutera [CUTR] >> (12.4%) Ciena Corporation [CIEN] ... AM
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