Charging Ahead: Biotech Favorites & $10 Stocks Making Noise

U.S. stocks climbed on Thursday after a stronger-than-expected June jobs report tempered expectations for an imminent Federal Reserve rate cut. The upbeat data signaled resilience in the labor market, prompting investors to reassess the timeline for potential monetary easing.

As of 11:18 AM ET, the Dow was up 355.97 points, or 0.8002%, at $44840.4. The Nasdaq Composite added 226.04 points, or 1.0%, at $22867.93. The S&P 500 rose 50.99 points, or 0.82%, at $6278.41. Among the 11 major S&P 500 sectors, 8 showed positive movement, with Utilities leading the way with a 1.47% increase.

On the global front, attention is shifting to trade negotiations as nations race to reach deals ahead of the July 9 deadline, when Trump’s sweeping tariffs are set to resume. A recent trade agreement with Vietnam has lifted market optimism, with hopes that more deals could follow to cushion the economic impact.

Meanwhile, Trump’s sweeping tax-and-spending bill is advancing in Congress. After clearing a key procedural vote in the House, Speaker Mike Johnson expressed confidence that it will pass by Friday—just in time to meet Trump’s July 4 deadline.

Markets will close early at 1 p.m. ET today in observance of Independence Day and will remain closed on Friday.

Top Movers: Under $10 

La Rosa Holdings Corp (LRHC) is up 80.02 today to trade at the current level of $0.14. This comes after the company announced a major milestone in its growth trajectory, surpassing 3,000 real estate agents across its network.

ImmunoPrecise Antibodies Ltd (IPA) zoomed 18.87% in today’s trade to $1.26. The company announced a new validation study supporting the generalizability of its proprietary epitope mapping platform, LENSai, powered by IPA’s patented HYFT® technology.

In current trading, So-Young International Inc ADR (SY) stock is at $3.82 after announcing that it received a notice from Nasdaq on July 2, 2025, confirming it has regained compliance with the $1.00 minimum bid price requirement under Listing Rule 5450(a)(1).

Digi Power X Inc (DGXX) rose 11.01% in the early hours of today's trading to move at $2.97 after announcing that it has entered into a debt settlement agreement with NANO Nuclear Energy Inc. (NNE).

In the current trading session, Clearmind Medicine Inc (CMND) jumped 13.51% to $1.02 over a previous close of $0.9 after announcing that it has received Institutional Review Board (IRB) approval from Tel Aviv Sourasky Medical Center (TASMC) in Tel Aviv, Israel, for its ongoing Phase 1/2a clinical trial evaluating CMND-100

Ex-Dividends Stocks

Limoneira Co (LMNR) is about to trade ex-dividend Monday, meaning that investors who buy the stock after Monday will not be eligible for the next dividend payment. The company's next dividend payment will be $0.08 per share. It has fixed July 07 as the record date for the same and will pay the actual dividend on July 18. Last year, the company distributed a total of $0.30 to its shareholders. Based on last year's worth of payments, LMNR has a trailing yield of 1.82% on the current stock price of $16.48.

Another stock that is shelling out dividends Monday is Micron Technology Inc (MU), having a market capitalization of $137.93B. It will pay a dividend of $0.12 per share, the payment date of which is July 22. Currently, the stock is trading at a trailing dividend yield of 0.37%.

Shares of Smith & Wesson Brands Inc (SWBI) will be the talk of the stock market on Monday as the stock will turn ex-dividend. The company's next dividend payment will be $0.13 per share, and in the last 12 months, it paid a total of $0.52 per share. Last year's total dividend payments show that SWBI has a trailing yield of 5.83% on the current share price of $8.93.

Werner Enterprises, Inc (WERN) is also set to go ex-dividend Monday. The next dividend payment from WERN will amount to $0.14 per share. July 07 has been designated as the record date for this dividend, with the actual payout scheduled for July 23. In the previous year, WERN distributed a total of $0.56 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for WERN stands at 1.93% based on the current stock price of $28.99.

Shoe Carnival, Inc (SCVL) will be paying out a dividend of $0.15 per share to shareholders holding their shares as of the close of the business hours on the record date of July 07. Over the past 12 months, SCVL has paid out a total of $0.56 per share in dividends. Based on the total dividends paid out last year, SCVL boasts an impressive trailing yield of 2.62% on the current share price of $21.19.

Crypto Market Highlights

• Pakistan’s plan to use surplus electricity for crypto mining faces a setback as the IMF rejects subsidized power for energy-intensive industries like Bitcoin mining.

• JD.com and Ant Group are urging China’s central bank to approve yuan-based stablecoins to compete with US dollar-pegged digital tokens.

• Bitpanda’s public affairs head warns that Europe's major crypto regulation still allows inconsistent enforcement across EU member states. 

• Over 40 fake Firefox extensions have been linked to a cryptocurrency-stealing malware campaign, according to cybersecurity firm Koi Security.

• Ripple Labs is seeking a US banking license, joining other crypto firms like Circle in aiming for deeper integration with traditional finance through regulation.

Most Shorted Stocks

Nuwellis Inc (NUWE) was one of the most shorted stocks as of the latest short interest figures, with 82.89% 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 0.3. This represents a change of 2469000 shares, which corresponds to a +4,841.18% increase in short interest. The total value of the shares held short is estimated to be around $0.48 million. The average daily volume stands at 10.09M shares, and the market capitalization of the company is $0.93M.

The Airsculpt Technologies Inc with the symbol AIRS currently has a short interest of 61.97%. The short interest has changed by 90000 shares. The days to cover ratio stands at 12.7. The estimated value of the shares held short is approximately $37.38 million. On an average day, 590.16K shares are traded, with the company's market capitalization totaling $331.42M.

For the stock Childrens Place Inc (PLCE), the current short interest is at 51.99%. This represents a significant short interest change of 650000 shares, corresponding to a short interest percentage increase of +20.77%. The days needed to cover the short positions amount to 5.4. The approximate worth of the shares held short is $18.45 million.

With the symbol RILY, the stock currently has a short interest of 49.78%. The short interest change is -510000 shares, compared with a short interest percentage change of -6.07%. It would take approximately 9.4 days to cover all the short positions. The shares' short value is estimated to be around $12.17 million. The company boasts an average daily volume of 976.48K shares, contributing to a market capitalization of $98.21M.

The stock WOLF has a current short interest of 49.60%. The short interest percentage has experienced an increase of +4.36% while there was a change of 3190000 shares in short interest. The ratio indicating the time required to cover short positions is 2.2. The calculated worth of the shorted shares amounts to around $9.31 million. Trading activity averages at 45.13M shares per day, while the company's market capitalization stands at $184.43M.

Biotech Stocks to Watch

According to our ST Score evaluation, Protagonist Therapeutics Inc (PTGX) emerges as a high-quality stock in the Biotech industry, attaining an impressive score of 61. The stock's profitability, performance, financial strength, and Piotroski Score are strong. Additionally, it is neutral in terms of growth, stock sentiment, and forecast.

Our ST Score also classifies Oramed Pharmaceuticals, Inc (ORMP) as a high-quality Biotech stock today, presenting a Score of 60. The stock has strong fundamentals in terms of profitability and financial strength. However, it has weak performance, stock sentiment, and forecast. The growth and Piotroski Score are neutral.

Another stock in the category, Immucell Corp (ICCC) has the ST Score of 58, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, and Piotroski Score, but weak in financial strength. Growth, stock sentiment, and forecast suggest a neutral outlook.

Theratechnologies Inc (THTX) stock has the ST Score of 58 which implies that the Biotech company has a high probability of beating the market. The stock's strengths lie in its profitability, performance, growth, and financial strength, but its weaknesses are in its stock sentiment and forecast. However, it shows neutral outlook in Piotroski Score.

Amylyx Pharmaceuticals Inc (AMLX) currently has the ST Score of 57, which signifies a huge upward potential. The Biotech stock's strong points are its performance and financial strength. The stock's profitability, growth, stock sentiment, Piotroski Score, and forecast indicate a neutral outlook.

That's it for today. Thanks for reading. Good luck out there!

Best Regards,

Stocks Telegraph Team

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