From $1 to Liftoff 📈 The Wildest Movers Under $10

U.S. equities rebounded on Thursday, with the Dow Jones Industrial Average up about 398 points (+0.8%), the S&P 500 rising 1.3%, and the Nasdaq Composite gaining 1.8%, snapping a four-day losing streak.

The move was driven by a delayed November CPI report showing headline inflation at 2.7% year over year and core CPI at 2.6%, well below expectations of 3.1% and 3.0%, respectively, easing rate concerns.

Markets were further supported by lower-than-expected initial jobless claims and an 11% surge in Micron Technology after strong earnings and guidance, helping revive the artificial intelligence trade following recent losses in major semiconductor stocks.

Top Movers: Under $10 

Athira Pharma Inc (ATHA) is up 76.30% today to trade at the current level of $7.29. This comes after the company announced an agreement to acquire the rights to develop and commercialize lasofoxifene, a promising Phase 3 clinical asset.

PureCycle Technologies Inc (PCT) zoomed 18.28% in today’s trade to $8.81 after announcing the appointment of Valerie Mars to its Board of Directors, effective January 1, 2026.

In current trading, eHealth Inc (EHTH) stock is at $5.03 after providing commentary on its Annual Enrollment Period (AEP) performance and updating its guidance ranges for the fiscal year ending December 31, 2025.

ALT5 Sigma Corp (ALTS) rose 12.90% in the early hours of today's trading to move at $1.40. The company issued a stockholder letter from CEO Tony Isaac.

In the current trading session, Co-Diagnostics Inc (CODX) jumped 13.89% to $0.3 over a previous close of $0.26 after announcing that its joint venture, CoSara Diagnostics, was invited to participate in the 2nd Advanced TB Diagnostics Course in the South-East Asian Region.

Ex-Dividend Stocks

Chemung Financial Corp (CHMG) 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 $0.34 per share. It has fixed December 19 as the record date for the same and will pay the actual dividend on January 02. Last year, the company distributed a total of $1.29 to its shareholders. Based on the last year's worth of payments, CHMG has a trailing yield of 2.14% on the current stock price of $60.22.

Another stock that is shelling out dividends tomorrow is Paccar Inc (PCAR), having a market capitalization of $58.76B. It will pay a dividend of $0.33 per share, the payment date of which is March 04. Currently, the stock is trading at a trailing dividend yield of 1.18%.

Shares of Fidus Investment Corp (FDUS) will be the talk of the stock market on Friday as the stock will turn ex-dividend. The company's next dividend payment will be $0.5 per share, and in the last 12 months, it paid a total of $1.71 per share. Last year's total dividend payments show that FDUS has a trailing yield of 8.73% on the current share price of $19.52.

Hooker Furnishings Corporation (HOFT) is also set to go ex-dividend tomorrow. The next dividend payment from HOFT will amount to $0.12 per share. December 21 has been designated as the record date for this dividend, with the actual payout scheduled for December 31. In the previous year, HOFT distributed a total of $0.92 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for HOFT stands at 8.68% based on the current stock price of $10.6.

OFS Capital Corp (OFS) will be paying out a dividend of $0.17 per share to shareholders holding their shares as of the close of business hours on the record date of December 19. Over the past 12 months, OFS has paid out a total of $1.36 per share in dividends. Based on the total dividends paid out last year, OFS boasts an impressive trailing yield of 25.81% on the current share price of $5.27.

Crypto Market Highlights

• Kraken-backed tokenized securities platform xStocks is launching on TON Wallet, the self-custodial wallet integrated into the Telegram messenger.

• A small but growing group of Bitcoin advocates and crypto fund managers is urging faster development of quantum-resistant signatures, warning that perceived quantum threats could become a market risk well before they are practical.

• Ethereum blockspace trading platform ETHGas has raised $12 million in a seed funding round led by Polychain Capital.

• Coinbase is expanding payment options in Poland by integrating with one of the country’s most widely used mobile payment systems.

• India’s Competition Commission has approved Coinbase’s acquisition of a minority stake in cryptocurrency platform CoinDCX.

Most Shorted Stocks

BigBear.ai Holdings Inc (BBAI) was one of the most shorted stocks as of the latest short interest figures, with 21.18% 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 1.0. This represents a change of -12995842 shares, which corresponds to a -12.38% decrease in short interest. The total value of the shares held short is estimated to be around $521.51 million. The average daily volume stands at 123.97M shares, and the market capitalization of the company is $2.48B.

The Ondas Holdings Inc with the symbol ONDS currently has a short interest of 21.65%. The short interest has changed by -5510317 shares. The days to cover ratio stands at 0.6. The estimated value of the shares held short is approximately $635.84 million. On an average day, 80.92M shares are traded, with the company's market capitalization totaling $2.99B.

For the stock Sable Offshore Corp (SOC), the current short interest is at 33.10%. This represents a significant short interest change of 3407396 shares, corresponding to a short interest percentage increase of 12.56%. The days needed to cover the short positions amount to 5.2. The approximate worth of the shares held short is $281.57 million.

With the symbol SPRY, the stock currently has a short interest of 31.44%. The short interest change is 524722 shares, compared with a short interest percentage change of 2.61%. It would take approximately 8.0 days to cover all the short positions. The shares short value is estimated to be around $311.5 million. The company boasts an average daily volume of 2.24M shares, contributing to a market capitalization of $1.01B.

The stock TWST has a current short interest of 18.38%. The short interest percentage has experienced an increase of 3.32% while there was a change of 350698 shares in short interest. The ratio indicating the time required to cover short positions is 5.9. The calculated worth of the shorted shares amounts to around $688.14 million. Trading activity averages at 1.70M shares per day, while the company's market capitalization stands at $2.04B.

Biotech Stocks to Watch

According to our ST Score evaluation, Krystal Biotech Inc (KRYS) emerges as a high-quality stock in the Biotech industry, attaining an impressive score of 67. 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 Dominari Holdings Inc (DOMH) as a high-quality Biotech stock today, presenting a Score of 63. The stock has strong fundamentals in terms of profitability, growth, and financial strength. The performance, stock sentiment, Piotroski Score, and forecast are neutral.

Another stock in the category, Aurinia Pharmaceuticals Inc (AUPH) has the ST Score of 63, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, growth, and Piotroski Score. Financial strength, stock sentiment, and forecasts suggest a neutral outlook.

Kiniksa Pharmaceuticals International Plc (KNSA) stock has the ST Score of 63, 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 Piotroski Score. However, it shows neutral outlook in financial strength, stock sentiment, and forecast.

Catalyst Pharmaceuticals Inc (CPRX) currently has the ST Score of 63, which signifies a huge upward potential. The Biotech stock's strong points are its profitability, performance, financial strength, and Piotroski Score, while its weak points are its growth. The stock's stock sentiment, 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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