The portfolio managers of three micro-cap Royce funds have highlighted two high-conviction small-cap stocks: Transcat, a company specializing in equipment calibration, and Applied Optoelectronics, a provider of optical components. They stand out not only on fundamental metrics but also for features that cannot be quantified, such as customer-centricity and value…
Freedom Broker has raised its target price for Viemed Healthcare, a smaller company that provides in-home respiratory support, by more than 18% to $11 per share. The upgrade is attributable to the company’s third-quarter financial results, which beat expectations amid robust demand in the sleep therapy segment. Viemed links this…
Sidus Space, a small space services company, plunged over 40% in premarket trading today, November 13, after the company announced it would sell 5.6 million new shares at $1.25 each. This is the lowest price Sidus shares have ever been offered to investors. Details Sidus Space stock dropped more than…
Founded in the late 1980s, the IT services provider Innodata remained under the radar of investors and major companies for a long time. However, that all changed after it pivoted to large language models (LLMs) and generative AI five years ago. Since then, it has scooped up almost all of…
Shares of low-cost carrier Spirit Airlines dropped over 60% in premarket trading today, November 13, after the news broke that the company is preparing to file for bankruptcy following failed merger talks with Frontier Airlines, as reported by the Wall Street Journal. Details Spirit, a budget airline facing significant financial…
The personal genomics company 23andMe is further cutting costs: It will lay off 40% of its workforce and shut down all clinical research programs. These measures are expected to save the company $35 million annually as it explores strategic options, including a partial sale of the business. Following this news,…
Small caps might not have much further to run in the postelection rally, as they are at risk from higher interest rates, warns Morgan Stanley’s chief U.S. equities strategist Mike Wilson. He recalls that after Donald Trump’s previous election win in 2016, their relative performance peaked in early December. Details…
Inuvo, a provider of AI-driven marketing technology, saw its stock fall 3.5% after releasing its third-quarter earnings on Friday, November 8. Revenue grew 23% quarter over quarter but declined about 9% year over year. Details Inuvo stock lost 3.5% on the Nasdaq on Friday to close at $0.23 per share,…
Archer Aviation, an electric vertical takeoff and landing (eVTOL) aircraft manufacturer, is one of the small-cap stocks that could benefit from the incoming administration of Donald Trump, according to Freedom Broker. Its analysts have set a target price of $4.80 per share for Archer, implying 23% upside versus the last…
Shares of BioHarvest Sciences, which uses its proprietary botanical synthesis technology to develop therapeutic solutions, advanced close to 12% on the Canadian Securities Exchange (CSE) and almost 14% over the counter in New York on Thursday, November 7. The gains followed the company’s announcement that Nasdaq had approved its listing…
Quotes on Innodata, a provider of IT services and enterprise software, surged more than 35% in premarket trading today, Friday, November 8. For the third quarter, the company comfortably doubled its top line year over year, while net income came in 43 times the amount in the previous-year period. Innodata…
Shares of Viemed Healthcare, a company with a market capitalization of almost $355 million that provides in-home respiratory support, surged almost 16% in after-hours trading on Wednesday, November 6. The gains were attributable to third-quarter financial results, which featured record- and guidance-beating revenue. Details In after-hours trading on Wednesday, Viemed…
The day after the U.S. election, Wednesday, November 6, the S&P SmallCap 600 hit an all-time high, while the other main small-cap index, the Russell 2000, reached a three-year peak. SentimentTrader analyst Jay Kaeppel notes, as reported by MarketWatch, that the near-term question for traders will be whether it’s time…
Perfect Corp., a developer of AI-based solutions for the beauty and fashion industries, has been spotlighted by Zacks Small-Cap Research (Zacks SCR) as being significantly undervalued. Its stock should trade, based on a conservative valuation, at $3.07 per share, indicating nearly 67% upside from the closing price on Tuesday, November…
Futures on the small-cap-tracking Russell 2000 index jumped on election night, Bloomberg reports. Republican presidential candidate Donald Trump jumped out to an early lead before being declared the winner late. Bloomberg notes that his strong protectionist stance stands to benefit small companies. The day of the election, small caps had…
The Russell 2000 and S&P SmallCap 600 indexes, which track the shares of smaller and medium-sized companies, advanced on Monday, November 4. MarketWatch reports that small-cap stocks are being buoyed by the U.S. presidential election and the Fed decision this week. Details On Monday, the Russell 2000, which comprises 2,000…
Shares of Israeli satellite communications systems maker SatixFy Communications, which has a market capitalization of $78 million on the New York Stock Exchange (NYSE), soared more than 17% on Monday, November 4, after the company announced a $49 million contract with Telesat, one of the world’s leading satellite operators. Details…
Shares of Hong Kong-based ready meal maker DayDayCook (DDC), with a market capitalization on the New York Stock Exchange (NYSE) barely exceeding $4.5 million, slid over 8% on Friday, November 1. This came after an announced shareholder meeting to vote on a reverse stock split and an increase in the…
Shares of the satellite company Globalstar shot up more than 30% on Friday, November 1, following the company’s announcement of an expanded agreement with iPhone maker Apple. Barron’s reports that the new deal could double Globalstar’s revenue. Details On Friday, Globalstar stock added 31.4% on the New York Stock Exchange…
Equillium, a biotech company developing treatments for severe autoimmune diseases, saw its stock price plummet almost 38% on Thursday, October 31. The sharp drop followed news that Japan’s Ono Pharmaceutical had opted not to exercise its option to purchase rights to Equillium’s experimental drug for organ transplant rejection. In early…
The population of the U.S. is aging at an unprecedented rate. By 2035, there will be more people over 65 than children in the U.S., driving healthcare costs up and posing new economic challenges. Both U.S. presidential candidates, Democrat Kamala Harris and Republican Donald Trump, have proposed measures related to…
The diamond miner Diamcor Mining has announced a term-loan financing to accelerate growth in diamond processing at its primary project, the Krone-Endora mine in South Africa. The company believes the short-term issues that depressed demand and prices throughout the rough diamond sector in 2024 are showing signs of improvement, and…
Shares of ProMIS Neurosciences, which makes drugs for Alzheimer’s disease and amyotrophic lateral sclerosis (ALS), gained more than 5% on Wednesday, October 30. This came after the company released positive data from the earliest stage of clinical trials for its Alzheimer’s treatment. Currently, only two treatments are FDA-approved for Alzheimer’s:…
The Motley Fool has highlighted three small-cap stocks that could “trounce” the S&P 500 over the next five years. Each of the companies offers major growth potential and could deliver substantial returns. However, the Motley Fool cautions, they may not be suitable for every investor. The Honest Company The Honest…
