Shares of Lightwave Logic, a company developing data transmission solutions, surged more than 6% on Tuesday, September 24. This came after the company announced a partnership with Swiss-based Polariton Technologies to create a compact, ultra-high bandwidth device for data centers, which require advanced solutions to support AI and machine learning…
Common shares of LifeMD, a telehealth company offering virtual primary and specialized care, fell almost 3% in after-hours trading on Tuesday, September 24. This drop followed the announcement that the company will pay dividends to holders of its cumulative preferred shares, which are entitled to previously missed dividends before other…
As the Magnificent Seven stocks benefit from the AI boom, shares of smaller companies are volatile, which makes them more attractive for long-term investors, argues Joe Hintz, a portfolio manager at the Royce Small-Cap Total Return Fund (which primarily invests in small-cap stocks that pay dividends). In a blog post,…
Quotes on hearing implant developer Envoy Medical jumped more than 6% on Monday, September 23. The updated AirPods Pro 2, which can double as hearing aids, could be a positive development for Envoy as they could potentially work in concert with the company’s fully implanted devices, said Glen Taylor, a…
The little-known German company SÜSS Microtec holds more than half of the market for a critical technology used in Nvidia chip production, Jefferies stated on Monday, September 23. Last week, the investment bank referred to the company as the “Nvidia of Europe” and suggested that its shares could rise another…
Freedom Broker has highlighted six small caps that investors should consider, with upside reaching 400%. Meanwhile, they caution that portfolios should be diversified to minimize risks. Acme United Corporation Acme United Corporation, with a market capitalization of $155.6 million, supplies cutting, measuring, and first aid products worldwide, including knives, scissors,…
Small-cap stocks, on average, outperform their large-cap peers after a 50-basis-point rate cut by the Fed, according to Bank of America (BofA). Last week, the Fed lowered the fed funds rate for the first time since 2020. Details History suggests that small caps, on average, return a percentage point more…
On Thursday, September 19, Sidus Space, a space-as-a-service company, saw its stock rise about 5% after announcing a new partnership with Portugal’s Neuraspace, which is to supply Sidus Space with real-time space traffic tracking. Details On Thursday, Sidus Space stock climbed 4.7% to $2.66 per share on the Nasdaq. Before…
Kaspi.kz, a Kazakhstani fintech company, has denied accusations made by Culper Research, a firm specializing in «full disclosures» to profit through short selling. The company described the report as inaccurate, misleading and misrepresenting its business. Kaspi.kz published its official response to Culper’s report on its website. The company believes that…
Soleno Therapeutics, which develops drugs to treat rare genetic diseases, has seen its stock surge over 1,200% in the last year. In August, one of its drugs received Priority Review designation from the U.S. Food and Drug Administration (FDA). The medication is a pill designed to treat Prader-Willi syndrome, a…
CNS Pharmaceuticals, a maker of drugs to treat brain cancer, has received a notice of noncompliance with listing standards from Nasdaq, with delisting a possibility. In after-hours trading on Wednesday, September 18, the stock retreated more than 3%, followed by a similar decline at the open this morning, Thursday, September…
The U.S. Fed has lowered the federal funds rate for the first time since the start of the pandemic, cutting by 0.5 percentage points. Investors had been anticipating a rate cut for several months now: starting in July, they have been rotating into small-cap stocks, which are expected to be…
Talkspace stock jumped more than 13% on Tuesday, September 17, following the announcement of a partnership with Amazon Health Services. Talkspace is set to become the first virtual behavioral health provider to have its services on the Amazon platform. Details On Tuesday, quotes on Talkspace surged 13.6% to $2.17 per…
Quotes on Sonoma Pharmaceuticals soared over 23% on Tuesday, September 17, following the announcement that the U.S. Food and Drug Administration (FDA) had expanded over-the-counter indications for its flagship product, Microcyn wound cleanser. Details On Tuesday, Sonoma stock gained 23.5% to $5.20 per share on the Nasdaq. It is up…
Shares of Zedge, which owns an emoji encyclopedia and makes ringtones and wallpapers for mobile phones, rose over 5% on Monday, September 16, buoyed by the announcement of a new share repurchase program for up to $5 million. Details On Monday, Zedge stock added 5.35% to $3.15 per share on…
The micro-cap company Sonendo, which makes dental cleaning systems, has lost 65% of its value over four days despite an absence of news. Its market capitalization now stands at $1.34 million. The main short-term challenge for the company is securing new financing, analysts say. Details Sonendo stock has dropped more…
On Friday, September 13, quotes on Heart Test Laboratories (doing business as HeartSciences), which is developing AI-powered technology for early detection of heart disease, surged almost 9% on the Nasdaq. This came after the company announced that it had secured $1.9 million in non-dilutive financing to extend its cash runway…
Shares of Tenon Medical, a micro-cap company that makes implants for sacroiliac joint fusion, surged over 71% on Friday, September 13. This came off a gain of 44% a day earlier. The trigger was the announcement of plans to launch a new, more compact implant, while the company has also…
This quarter, the small-cap-tracking Russell 2000 index has outperformed the S&P 500, which measures the performance of the largest publicly traded companies in the U.S. This comes amid rising market expectations for Fed rate cuts. Since last summer, interest rates have been at their highest level in 22 years, notes…
On Wednesday, September 11, quotes on Gatekeeper Systems, a Canada-based solutions provider for public transportation and smart cities, surged about 20% in Toronto and New York. The trigger was preliminary financial results for the fiscal-2024 fourth quarter and full year (ended August 31), which showed record revenue. Details On Wednesday,…
Shares of telecom company AST SpaceMobile, which aims to compete with Elon Musk‘s SpaceX, have skyrocketed over 1,300% since April, when they hit an all-time low. The growth makes AST SpaceMobile the top-performing stock in the small-cap Russell 2000 index over the last six months, Bloomberg reports. The latest gains…
Zacks Small-Cap Research has released a report on Tonix Pharmaceuticals, which is developing a monkeypox vaccine, valuing the stock at $4 per share, nearly 26 times the last closing price. The company’s current market capitalization is around $3.3 million. Details The fair value of a Tonix share is $4, estimates…
Small-cap stocks may be poised for a big rally in the next 6-12 months, according to Sean Gallagher, who oversees investments in the asset class at Lazard. He estimates that the Russell 2000 index could gain as much as 30-50% amid Fed rate cuts. Details Sean Gallagher, the global head…
Canada’s Lexaria Bioscience, with a market capitalization of just over $50 million on the Nasdaq, is in the business of transforming the delivery of other companies’ drugs. After years of trying to find its niche, the company now intends to make globally best-selling injectable diabetes and obesity drugs from Novo…
