Symbotic Inc. (SYM) saw a significant rally on December 5, 2024, closing at $27.91, up 6.81% from the previous day's close of $26.13. The stock opened at $26.09 and reached an intraday high of $31.08, driven by a surge in trading volume to 6,636,125 shares, nearly three times its average. The upward momentum was fueled by positive sentiment from retail investors, particularly from the WallStreetBets community, and a favorable response to the company's recent annual report filing. TD Cowen's reassurance that the filing contained no additional material changes alleviated investor concerns about previous revenue recognition errors, maintaining a 'Buy' rating with a $50 price target. This bolstered confidence was further supported by Symbotic's optimistic revenue outlook for Q1 2025, projecting revenues between $480 million and $500 million, despite ongoing legal challenges.