Closing at $37.81, LABU stock price benefited from sector-wide upgrades in biotech revenue forecasts. Analysts expect leverage effects to magnify gains if the sector maintains momentum into the next quarter. The Consumer Price Index (CPI) dipped 0.1% sequentially in June and increased just 3.0% year over year. The annual gain marked the slowest rise in consumer prices since early 2021. U.S. inflation, in fact, cooled for the third straight month (read: ETFs That Gained on Mag 7's Worst Day in a Year). There are also some of the little gremlins creeping back onto Amazon, which means you can get express delivery, if you just can't wait to see if you've scored a Secret (we've also included a crash course into the world of Labubu below). At $37.48, LABU stock price aligns with a bullish channel pattern sustained over two weeks. Breakouts above $38.40 could activate further leveraged ETF buying from momentum funds.