Don’t Miss These Red-Hot Stocks Under $10 — The Next 10x Could Be Here

U.S. stocks posted modest gains on Monday as investors focused on upcoming inflation data that could influence the Federal Reserve's next interest rate decision. The S&P 500 rose 0.4%, the Nasdaq gained 0.8%, and the Dow added 0.2%.

Markets are anticipating key inflation reports — the Producer Price Index (PPI) on Wednesday and the Consumer Price Index (CPI) on Thursday — following weak labor data last week. These reports may impact whether the Fed opts for a rate cut, possibly larger than expected.

Other notable developments include a potential revision to past job numbers on Tuesday and geopolitical tensions in France and Japan, adding to global market volatility. Meanwhile, corporate earnings season is nearly over, with only a few major reports from companies like Oracle, Adobe, and Kroger expected this week.

Top Movers: Under $10 

Talphera Inc (TLPH) is up 48.38% today to trade at the current level of $0.81. This comes after the company announced private placement financing of up to $29 million priced at-the market.

Beyond Air Inc (XAIR) zoomed 62.90% in today’s trade to $3.6 after its subsidiary NeuroNOS received FDA Orphan Drug Designation for BA-101, a promising glioblastoma treatment.

In current trading, Planet Labs PBC (PL) stock is at $8.77 after reporting record Q2 FY26 revenue of $73.4 million, marking a 20% year-over-year increase.

QuantumScape Corp (QS) rose 22.08% in the early hours of today's trading to move at $9.57 after demonstrating its revolutionary solid‑state battery live in a Ducati motorcycle at the IAA Mobility auto show, signaling a major leap from lab prototype to real‑world application.

In the current trading session, Oncolytics Biotech, Inc (ONCY) jumped 19.35% to $1.27 over a previous close of $1.06. The company shared data from three metastatic colorectal cancer studies showing consistent effectiveness, immune response, and better survival than past treatments.

Ex-Dividend Stocks

CME Group Inc (CME) 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 $1.25 per share. It has fixed September 09 as the record date for the same and will pay the actual dividend on September 25. Last year, the company distributed a total of $4.74 to its shareholders. Based on the last year's worth of payments, CME has a trailing yield of 1.82% on the current stock price of $260.61.

Another stock that is shelling out dividends tomorrow is Euroholdings Ltd (EHLD), having a market capitalization of $19.97M. It will pay a dividend of $0.14 per share, the payment date of which is September 16. Currently, the stock is trading at a trailing dividend yield of 1.98%.

Shares of MidCap Financial Investment Corporation (MFIC) will be the talk of the stock market on Tuesday as the stock will turn ex-dividend. The company's next dividend payment will be $0.38 per share, and in the last 12 months, it paid a total of $1.52 per share. Last year's total dividend payments show that MFIC has a trailing yield of 11.75% on the current share price of $12.93.

Ross Stores, Inc (ROST) is also set to go ex-dividend tomorrow. The next dividend payment from ROST will amount to $0.41 per share. September 09 has been designated as the record date for this dividend, with the actual payout scheduled for September 30. In the previous year, ROST distributed a total of $1.55 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for ROST stands at 1.02% based on the current stock price of $151.47.

Euroseas Ltd (ESEA) will be paying out a dividend of $0.7 per share to shareholders holding their shares as of the close of business hours on the record date of September 09. Over the past 12 months, ESEA has paid out a total of $2.16 per share in dividends. Based on the total dividends paid out last year, ESEA boasts an impressive trailing yield of 3.41% on the current share price of $63.13.

Crypto Market Highlights

• Stripe faces competition in its bid to issue Hyperliquid’s USDH stablecoin, with rival proposals from MoonPay, Agora, Rain, Paxos, and Frax.

• CoinShares signs SPAC deal by entering a definitive business combination agreement with Vine Hill Capital Investment.

• MicroStrategy acquires 1,955 BTC worth $217.4 million between Sept. 2–7, as disclosed in a US SEC filing.

• Nasdaq seeks approval from the US SEC to list tokenized stocks on its exchange.

• Metaplanet and El Salvador buy more Bitcoin as market sentiment shifts to “neutral” on the Bitcoin Fear & Greed Index.

Most Shorted Stocks

Recursion Pharmaceuticals Inc (RXRX) was one of the most shorted stocks as of the latest short interest figures, with 36.78% 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 4.5. This represents a change of 4680000 shares, which corresponds to a +3.98% increase in short interest. The total value of the shares held short is estimated to be around $584.21 million. The average daily volume stands at 26.32M shares, and the market capitalization of the company is $2.08B.

The Sonnet BioTherapeutics Holdings Inc with the symbol SONN currently has a short interest of 30.52%. The short interest has changed by 850000 shares. The days to cover ratio stands at 0.5. The estimated value of the shares held short is approximately $6.02 million. On an average day, 4.00M shares are traded, with the company's market capitalization totaling $21.65M.

For the stock Verastem Inc (VSTM), the current short interest is at 28.22%. This represents a significant short interest change of -1090000 shares, corresponding to a short interest percentage decrease of -6.39%. The days needed to cover the short positions amount to 5.8. The approximate worth of the shares held short is $168.06 million.

With the symbol NTLA, the stock currently has a short interest of 25.83%. The short interest change is -1980000 shares, compared with a short interest percentage change of -6.66%. It would take approximately 5.4 days to cover all the short positions. The shares' short value is estimated to be around $191.2 million. The company boasts an average daily volume of 4.66M shares, contributing to a market capitalization of $1.29B.

The stock SMR has a current short interest of 31.93%. The short interest percentage has experienced an increase of +27.31% while there was a change of 7320000 shares in short interest. The ratio indicating the time required to cover short positions is 2.3. The calculated worth of the shorted shares amounts to around $973.6 million. Trading activity averages at 13.67M shares per day, while the company's market capitalization stands at $10.00B.

Upcoming IPOs

Trailblazer Acquisition Corp. (BLZR) is all set for its debut on the NASDAQ exchange on September 09. The shares will be offered at a fixed price of $10.00 per share. With a total of 20,000,000 shares available, the company aims to raise approximately $200.00M through this IPO.

Talon Capital Corp. (TLNC) will be entering the market with its IPO on September 09, on the NASDAQ exchange. The shares will be offered at a fixed price of $10.00 per share. They plan to offer 22,500,000 shares, targeting a deal size of $225.00M.

Zenta Group Company Limited ZGM) is also scheduled to make its debut on the NASDAQ exchange on September 09. They are offering shares in the price range of $4.00 to $5.00. The IPO includes 1,500,000 shares, aiming for a deal size of $6.75M.

Klarna Group plc (KLAR) is set to join the NYSE on September 10. They are offering shares in the price range of $35.00 to $37.00. They are offering 34,311,274 shares, with an estimated deal size of $1.24B.

Rise Smart Group Holdings Limited (RSHL) is preparing for its IPO debut on the NASDAQ exchange on September 10. The company will be offering 1,800,000 shares at a fixed price of $4.00 per share. With this offering, RSHL aims to raise approximately $7.20M.

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

Best Regards,

Stocks Telegraph Team

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