Stocks in Play - June 2nd 2025

Stocks in Play: BNTX, LYRA, APLD, DRONES

Welcome to today's Stocks in Play report. Below are the key stocks to watch, along with brief x-ray and analysis.

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1) Applied Digital (APLD) (Rating: B+, Multi-Day)

Industry Group: Information Technology Services, Market Cap: 1.53B, Float: 172.89M Short Interest 36.18%, Days to Cover: 1.98, Exchange: NASDAQ

Catalyst: Entered into 15 Year Lease Agreements with CRWV for two under construction HPC Facilities. They expect $7b Revenue of the term of the agreement. This sounds like a significant catalyst for APLD. High Short Interest. relatively neglected over the long term. Tends to be a choppy stock but had a big run back in 2021.

Honorable Mention to:

BNTX - Announced Partnership with BMY to Co Develop BNT327. BNTX will receive $1.5b up front and $2b in additional payments through 2028. They will also be eligible for up to $7.6b in additional milestone payments.

LYRA - Volatile Biotech with a History. In 2024 they had a failed Trial and the stock dropped 90% over night. This was ENLIGHTEN 1. It went from $200 to $20 overnight (Split Adjusted). ENLIGHTEN 2 Phase III Trial has met it’s Primary Endpoint. There were 180 Patients in the trial and they demonstrated statistically significant improvement for the treatment of Chronic Rhinosinusitis. We have a tiny market cap and 1m share float. Already up 500% Pre market. Likely very wild and could fall off a cliff at the open but has the criteria to go full stupid for those who like an adrenaline rush.

DRONE STOCKS - Mentioned on my Weekend Report. We have a pop on Drone Stocks this morning after the Ukraine Operation over the weekend. Watching UMAC, RCAT & KTOS.

Market Awareness

We have ISM at 10am which may cause some volatility and we also have Powell remarks at 1pm Eastern. As always it’s Monday so I’m in no rush to do anything. I don’t see a huge amount of high quality news flow.

Market gapping down reasonably. We like to see that as we can easily see if the gap gets bought up. Cautiously Bullish.

Sources & Services I Use in my Trading:

• Finviz - Short Interest, Float, Articles, Fundamentals (Free)

• Benzinga Pro - News Source + News Squawk + Earnings Data (Paid)

• Tradingview - Charting & Scanning (Paid)

• Koyfin - Fundamental Data (Paid)

• EarningsWhispers - Earnings Calendar (Free)

• Tradersync - Trade Journal (Paid)

_{PS: There are many ways to trade stocks in play. It does not have to be the one that keeps going straight up and sometimes it doesn’t even have to be day one of the catalyst. Everyone must find a setup, timeframe and method that works for them. This list is supposed to educate on the criteria I use and the methods in which I find Stocks in Play. Yours may differ and that is completely okay.}