Stock Market Update - February 2, 2026
Today's stock market saw some significant movers. Here's a breakdown of 5 stocks that caught our attention:
1. PBM - Psyence Biomedical Ltd.
Price: $3.8 | Change: +493.19% ($3.1594)
PBM:NASDAQ recently recorded an eye-popping 493.19% gain! This significant jump on February 3, 2026, wasn't due to a sudden boost in company performance, but primarily stemmed from a 1-for-6.25 reverse stock split that became effective the day prior. This corporate action reduced the total number of outstanding shares while proportionally increasing the share price.
Psyence Biomedical implemented this reverse split to help maintain compliance with Nasdaq's continued listing standards and to improve its stock's trading dynamics. Interestingly, this move followed other strategic actions, including the authorization of a share repurchase program and a recent acquisition securing access to key compounds for their clinical pipeline, suggesting a broader focus on capital management and long-term development.
2. DKI - DarkIris Inc. Class A Ordinary Shares
Price: $0.95 | Change: +185.29% ($0.617)
DKI soared by an impressive 185.29%! DarkIris Inc. (DKI:NASDAQ), a mobile digital game developer and publisher, experienced this significant surge following the announcement of its robust financial results for fiscal year 2025.
The company reported a substantial 27.3% year-over-year increase in revenue, climbing to $10.08 million for FY25. This positive update, released on January 30, 2026, was primarily fueled by the continued success of five games launched in 2024, alongside a new game introduced in 2025. Investors reacted strongly, with shares reportedly gaining over 100% in pre-market trading and another 115% during Monday's session.
This dramatic movement highlights how strong operational success and a growing product portfolio can rapidly impact a stock's valuation. It underscores the market's positive response to clear indicators of enhanced business performance for this gaming company.
3. FUSE - Fusemachines Inc.
Price: $2.7 | Change: +70.89% ($1.12)
FUSE saw an impressive 70.89% gain recently, with its stock surging around February 2nd, 2026. This significant jump was primarily fueled by Fusemachines Inc.'s announcement of a strategic partnership with ModulAIre, an IBM Platinum Partner, aimed at delivering enterprise Artificial Intelligence (AI) solutions.
The collaboration focuses on integrating Fusemachines' AI Studio into ModulAIre's existing AI and data portfolio. This is designed to help businesses operating within IBM environments more efficiently design, deploy, and manage their AI solutions, leading to the stock's sharp climb following the news.
What makes this partnership particularly interesting is its overarching goal: to help organizations move beyond initial AI experimentation toward deploying production-ready, governed, and scalable AI systems. The companies plan to tackle real-world industry challenges, from enhancing operational efficiency to delivering predictive insights.
4. RPGL - Republic Power Group Limited Class A Ordinary Shares
Price: $0.84 | Change: +59.09% ($0.312)
RPGL:NASDAQ saw a remarkable 59.09% gain recently, capturing attention with its dramatic price movements.
The primary catalyst for this surge was the disclosure of a new securities offering. Republic Power Group filed a prospectus detailing plans to offer up to 50 million Class A ordinary shares at $0.20 each. This news ignited significant investor interest, causing RPGL shares to jump an impressive 173.86% in one regular trading session, followed by another 50.78% in after-hours trading around late January 2026.
What makes this particularly interesting is the backdrop against which this happened. Just weeks prior, in early January, Republic Power Group had received a bid deficiency notice from Nasdaq because its share price had dipped below $1.00 for 30 consecutive business days. The new offering and subsequent price rally helped address this previous compliance concern, illustrating how strategic corporate actions can quickly reshape a stock's trajectory.
5. SORA - AsiaStrategy
Price: $2.8 | Change: +58.19% ($1.03)
SORA saw a remarkable 58.19% gain, capturing investor attention. This significant jump wasn't triggered by a brand-new announcement, but rather a sustained positive market reaction to the company's aggressive strategic pivot into institutional digital assets and its Bitcoin treasury strategy, a move that began in late 2025.
The company, formerly Top Win International, rebranded to AsiaStrategy in August 2025 and immediately began accepting Bitcoin for its luxury watch business. This was followed by a key partnership with Anchorage Digital, the first federally chartered crypto bank, to handle its Bitcoin treasury infrastructure. AsiaStrategy also disclosed plans to acquire a substantial $1 billion in Bitcoin over six months, supported by $200 million from regional partners through Sora Ventures.
This consistent and public commitment to integrating digital assets and building a significant Bitcoin treasury appears to be the driving force behind the renewed investor interest and the stock's recent appreciation.
This analysis was generated using AI and real-time stock data. Always do your own research before making investment decisions.