Discover: High-Potential, Low-Cost Stocks Under $10!

Stocks experienced a slight dip in morning trading on Wall Street this Friday, although it was insufficient to wipe out the gains achieved over the course of the week.

The technology sector had the most significant impact on the market's performance, with Microsoft witnessing a 1.5% decline, and chipmaker Nvidia sliding by 2.2%.

In contrast, U.S. automaker stocks demonstrated resilience even as members of the United Auto Workers union went on strike at several plants overnight. Ford experienced a marginal 0.2% decrease, while General Motors saw an increase of 0.8%, and Stellantis gained 1%.

At 11:32 AM ET, the Dow was down -159.4687 points, or -0.4568%, at $34747.64. The Nasdaq Composite lost -229.5068 points, or -1.4832%, at $15244.387. The S&P 500 declined -38.1602 points, or -0.847%, at $4466.94. Among the 11 major S&P 500 sectors, 9 showed negative movement, with Information Technology leading the way with a -1.18% decrease.

Top Movers: Under $10

Faraday Future Intelligent Electric Inc. (FFIE) is up 19.72% today to trade at the current level of $5.62. This comes after the company announced that one of FF’s newest car owners and Developer Co-Creation Officers, Kelvin Sherman, will take delivery of his FF 91 2.0 Futurist Alliance at FF’s "919 Developers AI Co-Creation Festival" to be held on September 19th.

NRx Pharmaceuticals Inc. (NRXP) zoomed 9.78% in today’s trade to $0.28 following the declaration of data sharing pact with 7 French hospitals for depression study.

In current trading, Silvercorp Metals Inc. (SVM) stock is at $2.67 after after unveiling plan to repurchase 8,487,191 common shares.

UTime Limited (WTO) rose 8.11% in the early hours of today's trading to move at $0.40 after announcing strategic partnership agreement to supply up to 10,000 Smart Electric Vehicle (EV) chargers to subsidiary of Jiuzi Holdings Inc. (JZXN)

In the current trading session, Novonix Limited (NVX) jumped 24.20% to $2.31 over a previous close of $1.86. The company provided an update on production from its proprietary, continuous induction Generation 3 Furnaces at its Riverside, Tennessee facility.

Ex-Dividends Stocks

Amphenol Corporation (APH) 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 $0.21 per share. The company has fixed September 19 as the record date for the same and will pay the actual dividend on October 11. Last year, the company distributed a total of $0.84 to its shareholders. Based on the last year's worth of payments, APH has a trailing yield of 0.98% on the current stock price of $85.88.

Another stock that is shelling out dividends on Monday is Eni S.p.A. (E), having a market capitalization of $55.24B. It will pay a dividend of $0.37 per share, the payment date of which is October 06. Currently, the stock is trading at a trailing dividend yield of 5.93%.

Shares of Ecolab Inc. (ECL) will be the talk of stock market on Monday as the stock will turn ex-dividend. The company's next dividend payment will be $0.53 per share, and in the last 12 months, the company paid a total of $2.12 per share. Last year's total dividend payments show that ECL has a trailing yield of 1.19% on the current share price of $178.85.

STMicroelectronics N.V. (STM) is also set to go ex-dividend on Monday. The next dividend payment from STM will amount to $0.05 per share. September 19 has been designated as the record date for this dividend, with the actual payout scheduled for September 26. In the previous year, STM distributed a total of $0.30 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for STM stands at 0.68% based on the current stock price of $44.10.

Kaman Corporation (KAMN) 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 September 19. Over the past 12 months, KAMN has paid out a total of $0.80 per share in dividends. Based on the total dividends paid out last year, KAMN boasts an impressive trailing yield of 3.89% on the current share price of $20.58.

Crypto Market Highlights

Most Shorted Stocks

Axcella Health Inc. (AXLA) was one of the most shorted stocks as of latest short interest figures, with 48.41% 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 1. This represents a change of 8,649,819 shares, which corresponds to a 684.21 increase in short interest. The total value of the shares held short is estimated to be around $14.34 million. The average daily volume stands at 19.65M shares, and the market capitalization of the company is $30.42M.

The bluebird bio Inc. with the symbol BLUE currently has a short interest of 27.50%, an decrease from the previous short interest level of 27.93%. The short interest has changed by 404,981 shares. The days to cover ratio stands at 8.12. The estimated value of the shares held short is approximately $316.33 million. On an average day, 4.14M shares are traded, with the company's market capitalization totaling $352.64M.

For the stock Digital Brands Group Inc. (DBGI), the current short interest is at 29.56%, compared to the previous level of -. This represents a significant short interest change of 537,826 shares, corresponding to a short interest percentage decrease of -87.1%. The days needed to cover the short positions amount to 1. The approximate worth of the shares held short is $2.99 million.

With the symbol VTLE, the stock currently has a short interest of 24.46%, showing an increase from the previous level of 23.19%. The short interest change is 166,036 shares, compared with a short interest percentage change of 5.43%. It would take approximately 7.89 days to cover all the short positions. The shares short value is estimated to be around $700.84 million. The company boasts an average daily volume of 651.40K shares, contributing to a market capitalization of $1.00B.

The stock WIRE has a current short interest of 35.09%, higher than the previous short interest level of 33.81%. The short interest percentage has experienced an increase of 3.76% while there was a change of 142,810 shares in short interest. The ratio indicating the time required to cover short positions is 21.89. The calculated worth of the shorted shares amounts to around $1.95 billion. Trading activity averages at 244.87K shares per day, while the company's market capitalization stands at $2.91B.

Energy Stocks to Watch

According to our ST Score evaluation, Ranger Energy Services Inc. (RNGR) emerges as a high-quality stock in the Energy industry, attaining an impressive score of 64.0. The stock's performance, financial strength, stock sentiment, and Piotroski Score are strong. Additionally, it is neutral in terms of value, profitability, growth, and forecast.

Our ST Score also classifies Profire Energy Inc. (PFIE) as a high-quality Energy stock today, presenting a Score of 65.0. The stock has strong fundamentals in terms of performance, financial strength, stock sentiment, and Piotroski Score. However, it has weak growth. The value, profitability, and forecast are neutral.

Another stock in the category, MPLX LP (MPLX) has the ST Score of 59.0, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, and stock sentiment but weak in value. Growth, financial strength, piotroski score, and forecast suggest a neutral outlook.

Global Partners LP (GLP) stock has the ST Score of 61.0 which implies that the Energy company has a high probability of beating the market. The stock's strengths lie in its performance, growth, stock sentiment, and Piotroski Score. However, it shows neutral outlook in value, profitability, financial strength, and forecast.

Equinor ASA (EQNR) currently has the ST Score of 60.0, which signifies a huge upward potential. The Energy stock's strong points are its valuation, profitability, growth, and Piotroski Score, while its weak points are its performance. The stock's financial strength, stock sentiment, and forecast indicate a neutral outlook.