Under $10 Unicorns: Stocks with Hidden Potential!

On Monday, despite U.S. legislators reaching a short-term agreement to avert a government shutdown, stock prices dipped. The only sectors displaying positive performance in the broad market index were communication services, which gained 1.2%, and the technology sector, which traded 1% higher.

Over the weekend, the Senate approved a continuing resolution just hours before the midnight deadline on Saturday, and President Joe Biden promptly signed it into law. This legislation ensures the government's continued operation through mid-November, offering lawmakers an extended period to finalize funding legislation.

September marked the worst monthly performance of the year for both the S&P 500 and Nasdaq Composite. As a result, all three major stock market averages concluded the quarter in negative territory.

As of 11:47 AM ET, the Dow was down -122.4883 points, or -0.3656%, at $33385.01. The Nasdaq Composite added 87.7764 points, or 0.5965%, at $14803.0205. The S&P 500 declined -7.4097 points, or -0.1728%, at $4280.64.

Top Movers: Under $10

AERWINS Technologies Inc (AWIN) is up 68.63% today to trade at the current level of $0.20. This comes after the company announced plans for an upcoming shareholder meeting.

Eastside Distilling Inc (EAST) zoomed 8.65% in today’s trade to $1.45 after announcing the successful completion of a debt-for-equity exchange with key first and second lien debt holders.

In current trading, Icecure Medical Ltd (ICCM) stock is at $0.79 following the declarations from the company that new data was presented at the European Society of Breast Imaging Scientific Meeting in Valencia, Spain by Lucía Graña-López, MD, PhD, principal investigator of the independent, non-sponsored study.

Bionomics Limited (BNOX) rose 38.21% in the early hours of today's trading to move at $3.73. The company recently announced positive topline results from its Phase 2b ATTUNE trial of BNC210 for the treatment of PTSD.

In the current trading session, IceCure Medical Ltd (PBI) jumped 10.61% to $3.34 over a previous close of $3.02 after reporting that President and CEO Marc S. Lautenbach, who had been pressured by a large investor to step down from both roles, has done so, effective immediately.

Ex-Dividends Stocks

Comcast Corp (CMCSA) is about to trade ex-dividend tomorrow, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company's next dividend payment will be $0.29 per share. The company has fixed October 04 as the record date for the same and will pay the actual dividend on October 25. Last year, the company distributed a total of $1.15 to its shareholders. Based on the last year's worth of payments, CMCSA has a trailing yield of 2.58% on the current stock price of $44.63.

Another stock that is shelling out dividends tomorrow is Cisco Systems Inc. (CSCO), having a market capitalization of $219.67B. It will pay a dividend of $0.39 per share, the payment date of which is October 25. Currently, the stock is trading at a trailing dividend yield of 2.92%.

Shares of Gap Inc. (GPS) will be the talk of stock market on Tuesday as the stock will turn ex-dividend. The company's next dividend payment will be $0.15 per share, and in the last 12 months, the company paid a total of $0.59 per share. Last year's total dividend payments show that GPS has a trailing yield of 5.55% on the current share price of $10.68.

Hannon Armstrong Sustainable Infrastructure capital Inc (HASI) is also set to go ex-dividend tomorrow. The next dividend payment from HASI will amount to $0.4 per share. October 04 has been designated as the record date for this dividend, with the actual payout scheduled for October 11. In the previous year, HASI distributed a total of $1.60 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for HASI stands at 7.97% based on the current stock price of $20.11.

CVB Financial Corp. (CVBF) will be paying out a dividend of $0.2 per share to shareholders holding their shares as of the close of the business hours on the record date of October 04. Over the past 12 months, CVBF has paid out a total of $0.80 per share in dividends. Based on the total dividends paid out last year, CVBF boasts an impressive trailing yield of 4.89% on the current share price of $16.42.

Crypto Market Highlights

Most Shorted Stocks

Groupon Inc (GRPN) was one of the most shorted stocks as of latest short interest figures, with 33.52% short interest. The days to cover ratio, a measure of how long it would take for all the short positions to be covered based on average trading volume, is 4.2. This represents a change of -100000 shares, which corresponds to a -1.83% decrease in short interest. The total value of the shares held short is estimated to be around $86.94 million. The average daily volume stands at 1.31M shares, and the market capitalization of the company is $507.81M.

The Allogene Therapeutics Inc with the symbol ALLO currently has a short interest of 31.50%. The short interest has changed by 1310000 shares. The days to cover ratio stands at 16.2. The estimated value of the shares held short is approximately $104.94 million. On an average day, 1.92M shares are traded, with the company's market capitalization totaling $527.20M.

For the stock Marathon Digital Holdings Inc (MARA), the current short interest is at 30.33%. This represents a significant short interest change of 1660000 shares, corresponding to a short interest percentage increase of +3.24%. The days needed to cover the short positions amount to 1.5. The approximate worth of the shares held short is $485.69 million.

The stock GES has a current short interest of 30.82%. The short interest percentage has experienced increase of +7.06% while there was a change of 550000 shares in short interest. The ratio indicating the time required to cover short positions is 8.7. The calculated worth of the shorted shares amounts to around $844.89 million. Trading activity averages at 958.62K shares per day, while the company's market capitalization stands at $1.13B.

Upcoming IPOs

Primech Holdings Ltd. (PMEC) is all set for its debut on the NASDAQ exchange on October 03. They are offering shares in the price range of $4.00 to $5.00. With a total of 3,050,000 shares available, the company aims to raise approximately $13.73M through this IPO.

Globavend Holdings Limited (GVH) will be entering the market with its IPO on October 04, on the NASDAQ exchange. They are offering shares in the price range of $4.00 to $5.00. They plan to offer 1,875,000 shares, targeting a deal size of $8.44M.

WeBuy Global Ltd (WBUY) is also scheduled to make its debut on the NASDAQ exchange on October 06. They are offering shares in the price range of $4.00 to $4.50. The IPO includes 3,500,000 shares, aiming for a deal size of $14.88M.

Global Mofy Metaverse Limited (GMM) is set to join the NASDAQ on October 06. They are offering shares in the price range of $4.50 to $5.50. They are offering 1,200,000 shares, with an estimated deal size of $6.00M.

Maison Solutions Inc. (MSS) will be capturing investors' attention as they hit the NASDAQ exchange on October 06. The shares will be offered at a fixed price of $4.00 per share. A total of 3,750,000 shares will be available, with the deal size projected to reach $15.00M.

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