💥 Market Chaos: Dow Falls, Oil Jumps, and Penny Stocks Go Wild

US stocks fell on Thursday as markets failed to extend the prior day’s rebound, with investors focused on escalating tensions in the Middle East and a renewed rise in oil prices.

The Dow Jones Industrial Average dropped more than 1% (over 600 points), while the S&P 500 declined 0.7% and the Nasdaq Composite slipped 0.4%.

Ongoing clashes involving the US-Israel coalition and Iran have heightened concerns about oil supply, pushing crude prices higher—West Texas Intermediate traded near $79 per barrel and Brent Crude above $84.

Investors are also watching the upcoming US jobs report and corporate earnings from Costco and Marvell Technology for further signals about the economy.

Top Movers: Under $10 

Gaxos.AI Inc (GXAI) is up 68.55% today to trade at the current level of $2.09. This comes after the company announced that America First Defense licensed the Detachable Drone Highjacker to counter hostile drones.

Tenaya Therapeutics Inc (TNYA) zoomed 26.61% in today’s trade to $0.73 after announcing research collaboration with Alnylam Pharmaceuticals with up to $10 million upfront, research funding, and $1.13 billion in potential milestones.

In current trading, Palladyne AI Corp (PDYN) stock is at $9.44 after reporting fourth quarter and full year 2025 results.

Mobix Labs Inc (MOBX) rose 15.12% in the early hours of today's trading to move at $0.94 after announcing purchase orders supporting Gulfstream aircraft reflect ongoing procurement tied directly to current aircraft production.

In the current trading session, Blue Hat Interactive Entertainment Technology (BHAT) jumped 58.29% to $0.05 over a previous close of $0.03 after announcing an updated effective time for a 1-for-50 reverse stock split.

Ex-Dividend Stocks

Booking Holdings Inc (BKNG) 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 $10.5 per share. It has fixed March 06 as the record date for the same and will pay the actual dividend on March 31. Last year, the company distributed a total of $38.40 to its shareholders. Based on the last year's worth of payments, BKNG has a trailing yield of 0.85% on the current stock price of $4531.51.

Another stock that is shelling out dividends tomorrow is Commerce Bancshares, Inc (CBSH), having a market capitalization of $7.60B. It will pay a dividend of $0.28 per share, the payment date of which is March 24. Currently, the stock is trading at a trailing dividend yield of 2.10%.

Shares of Cogent Communications Holdings Inc (CCOI) 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 $0.02 per share, and in the last 12 months, it paid a total of $3.05 per share. Last year's total dividend payments show that CCOI has a trailing yield of 13.25% on the current share price of $23.02.

C.H. Robinson Worldwide, Inc (CHRW) is also set to go ex-dividend tomorrow. The next dividend payment from CHRW will amount to $0.63 per share. March 06 has been designated as the record date for this dividend, with the actual payout scheduled for April 02. In the previous year, CHRW distributed a total of $2.49 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for CHRW stands at 1.34% based on the current stock price of $185.67.

EBay Inc (EBAY) will be paying out a dividend of $0.31 per share to shareholders holding their shares as of the close of business hours on the record date of March 06. Over the past 12 months, EBAY has paid out a total of $1.16 per share in dividends. Based on the total dividends paid out last year, EBAY boasts an impressive trailing yield of 1.25% on the current share price of $92.86.

Crypto Market Highlights

• Cardano (ADA) can now be used to pay for groceries at 137 SPAR stores in Switzerland via Open Crypto Pay integration by DFX.swiss.

• Revolut applied again for a US national bank charter with the Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation.

• Intercontinental Exchange, owner of the New York Stock Exchange, invested in OKX at a $25B valuation and will take a board seat.

• The Central Bank of the United Arab Emirates said the country’s banking system remains fully operational despite regional tensions involving the United States, Israel, and Iran.

• A shareholder sued Coinbase Global executives, including Brian Armstrong and Fred Ehrsam, over alleged compliance oversight failures.

Most Shorted Stocks

BigBear.ai Holdings Inc (BBAI) was one of the most shorted stocks as of latest short interest figures, with 30.51% 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 2.2. This represents a change of 11742117 shares, which corresponds to a 9.72% increase in short interest. The total value of the shares held short is estimated to be around $525.98 million. The average daily volume stands at 75.44M shares, and the market capitalization of the company is $1.89B.

The Lifevantage Corporation with the symbol LFVN currently has a short interest of 36.82%. The short interest has changed by 12161 shares. The days to cover ratio stands at 9.9. The estimated value of the shares held short is approximately $17.43 million. On an average day, 226.42K shares are traded, with the company's market capitalization totaling $60.68M.

For the stock Applied Digital Corporation (APLD), the current short interest is at 31.75%. This represents a significant short interest change of -6243259 shares, corresponding to a short interest percentage decrease of -7.21%. The days needed to cover the short positions amount to 2.8. The approximate worth of the shares held short is $2.27 billion.

With the symbol PRFX, the stock currently has a short interest of 84.07%. The short interest change is 27025 shares, compared with a short interest percentage change of 13.86%. It would take approximately 0.2 days to cover all the short positions. The shares' short value is estimated to be around $231.37 million. The company boasts an average daily volume of 542.17K shares, contributing to a market capitalization of $2.25M.

The stock ENVX has a current short interest of 32.13%. The short interest percentage has experienced an increase of 9.30%, while there was a change of 5068790 shares in short interest. The ratio indicating the time required to cover short positions is 8.0. The calculated worth of the shorted shares amounts to around $1.13 million. Trading activity averages at 6.47M shares per day, while the company's market capitalization stands at $1.10B.

Biotech Stocks to Watch

According to our ST Score evaluation, Galapagos NV ADR (GLPG) 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 Dominari Holdings Inc (DOMH) as a high-quality Biotech stock today, presenting a Score of 59. The stock has strong fundamentals in terms of profitability, growth, and financial strength. However, it has weak performance. The stock sentiment, Piotroski Score, and forecast are neutral.

Another stock in the category, Halozyme Therapeutics Inc (HALO) has the ST Score of 58, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, financial strength, and Piotroski Score. Growth, stock sentiment, and forecasts suggest a neutral outlook.

Krystal Biotech Inc (KRYS) stock has the ST Score of 57, which implies that the Biotech company has a high probability of beating the market. The stock's strengths lie in its profitability, performance, financial strength, and Piotroski Score, but its weaknesses lie in its growth. However, it shows a neutral outlook in stock sentiment and forecast.

Monte Rosa Therapeutics Inc (GLUE) currently has the ST Score of 56, which signifies a huge upward potential. The Biotech stock's strong points are its profitability, performance, and Piotroski Score, while its weak points are its stock sentiment and forecast. The stock's growth and financial strength indicate a neutral outlook.

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

Best Regards,

Stocks Telegraph Team

P.S. Want my daily watchlists sent to your cell phone too? Join our WhatsApp Exclusive Community for real-time alerts on hot stocks. Stay ahead with instant updates and exclusive insights!