Dear Readers,

On Monday, stock markets experienced a decline as investors resumed trading after the holiday break, gearing up for a consequential week ahead.

Early in the week, attention will be on earnings, but the most pivotal data – the Federal Reserve's favored inflation gauge – is anticipated on Thursday. The release of the core personal-consumption expenditures (PCE) index for October will provide crucial insights into the progress of the central bank's efforts to manage inflation.

At 11:49 AM ET, the Dow was down -86.2891 points, or -0.2438%, at $35303.86. The Nasdaq Composite added 21.4102 points, or 0.134%, at $16003.424. The S&P 500 declined -5.0601 points, or -0.111%, at $4554.28. Among the 11 major S&P 500 sectors, 8 showed positive movement, with Information Technology leading the way with a 0.49% increase.

Top Movers: Under $10

Redhill Biopharma Ltd. ADR (RDHL) is up 139.97% today to trade at the current level of $0.76. This comes after the company announced that the FDA has granted a 5-Year U.S. market exclusivity for Talicia® with IP protection running to 2034.

Biodexa Pharmaceuticals Plc ADR (BDRX) zoomed 144.80% in today’s trade to $6.83 after announcing that it has entered into an agreement for the assignment of Adhera Therapeutics, Inc.’s rights to tolimidone under an exclusive, worldwide, sub-licensable license from Melior Pharmaceuticals I, Inc. to develop, manufacture, commercialize or otherwise exploit tolimidone.

In current trading, Asset Entities Inc (ASST) stock is at $0.62 following the stock repurchase program.

Tharimmune Inc (THAR) rose 34.96% in the early hours of today's trading to move at $3.88. The company released positive phase 1 data with TH104, a proprietary transmucosal buccal film which easily adheres to the inside of the mouth.

In the current trading session, Perfect Corp (PERF) jumped 18.44% to $2.96 over a previous close of $2.50 following the commencement of self tender offer to purchase up to 16,129,032 Class A Ordinary shares for an aggregate purchase price of up to $50,000,000.

Ex-Dividends Stocks

Electronic Arts, Inc. (EA) 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 $0.19 per share. The company has fixed November 29 as the record date for the same and will pay the actual dividend on December 20. Last year, the company distributed a total of $0.74 to its shareholders. Based on the last year's worth of payments, EA has a trailing yield of 0.54% on the current stock price of $137.10.

Another stock that is shelling out dividends tomorrow is PVH Corp (PVH), having a market capitalization of $5.34B. It will pay a dividend of $0.04 per share, the payment date of which is December 20. Currently, the stock is trading at a trailing dividend yield of 0.15%.

Shares of International Game Technology PLC (IGT) will be the talk of stock market on Tuesday as the stock will turn ex-dividend. The company's next dividend payment will be $0.2 per share, and in the last 12 months, the company paid a total of $0.80 per share. Last year's total dividend payments show that IGT has a trailing yield of 3.02% on the current share price of $26.50.

Century Communities Inc (CCS) is also set to go ex-dividend tomorrow. The next dividend payment from CCS will amount to $0.23 per share. November 29 has been designated as the record date for this dividend, with the actual payout scheduled for December 13. In the previous year, CCS distributed a total of $0.92 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for CCS stands at 1.28% based on the current stock price of $71.74.

AAON Inc. (AAON) will be paying out a dividend of $0.08 per share to shareholders holding their shares as of the close of the business hours on the record date of November 29. Over the past 12 months, AAON has paid out a total of $0.32 per share in dividends. Based on the total dividends paid out last year, AAON boasts an impressive trailing yield of 0.50% on the current share price of $63.85.

Crypto Market Highlights

Most Shorted Stocks

Grindr Inc (GRND) was one of the most shorted stocks as of latest short interest figures, with 33.74% 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 5.2. This represents a change of 480000 shares, which corresponds to a +32.88% increase in short interest. The total value of the shares held short is estimated to be around $13.0 million. The average daily volume stands at 448.70K shares, and the market capitalization of the company is $1.17B.

The Blackstone Mortgage Trust Inc with the symbol BXMT currently has a short interest of 19.08%. The short interest has changed by 3440000 shares. The days to cover ratio stands at 11.1. The estimated value of the shares held short is approximately $726.76 million. On an average day, 3.00M shares are traded, with the company's market capitalization totaling $3.81B.

For the stock Lightwave Logic Inc (LWLG), the current short interest is at 19.2%. This represents a significant short interest change of -94,012 shares, corresponding to a short interest percentage decrease of -2.42%. The days needed to cover the short positions amount to 43.3. The approximate worth of the shares held short is $96.15 million.

The stock CNK has a current short interest of 21.25%. The short interest percentage has experienced increase of +2.44% while there was a change of 550000 shares in short interest. The ratio indicating the time required to cover short positions is 8.2. Trading activity averages at 2.90M shares per day, while the company's market capitalization stands at $1.73B.

Upcoming IPOs

Trident Digital Tech Holdings Ltd (TDTH) is all set for its debut on the NASDAQ exchange on November 28. They are offering shares in the price range of $8.00 to $10.00. With a total of 1,875,000 shares available, the company aims to raise approximately $16.88M through this IPO.

Fenbo Holdings Limited (FEBO) will be entering the market with its IPO on November 28, on the NASDAQ exchange. The shares will be offered at a fixed price of $5.00 per share. They plan to offer 1,000,000 shares, targeting a deal size of $5.00M.

Inno Holdings Inc. (INHD) is also scheduled to make its debut on the NASDAQ exchange on November 29. They are offering shares in the price range of $4.00 to $5.00. The IPO includes 2,500,000 shares, aiming for a deal size of $11.25M.

NYIAX, Inc. (NYX) is set to join the NASDAQ on November 30. The shares will be offered at a fixed price of $4.00 per share. They are offering 1,875,000 shares, with an estimated deal size of $7.50M.

Linkage Global Inc (LGCB) is gearing up for its inaugural trading day on the NASDAQ exchange, scheduled for December 8. The company is presenting its shares in the market at a price range of $4.00 to $6.00 per share. With a total offering of 1,500,000 shares, LGCB aims to raise approximately $7.50 million through this initial public offering.