Under-$10 Stocks Are on Fire 🔥—5 Explosive Gainers You Missed Today

U.S. stocks are trading slightly lower on Thursday, with the Dow, S&P 500, and Nasdaq each down 0.2%. The S&P 500 is now on a four-day losing streak, weighed down by weakness in tech stocks after recent record highs. All eyes are on the Jackson Hole Economic Policy Symposium, where Fed Chair Jerome Powell will speak on Friday. Markets are watching closely for hints on potential rate cuts in September.

Walmart shares fell over 4% after reporting weaker-than-expected earnings, despite raising its full-year outlook. The report followed mixed results from other major retailers, including Home Depot, Target, and TJX. Tech stocks were divided—Amazon, Meta, and Apple slipped, while Alphabet, Nvidia, and Microsoft posted small gains. Palantir rose 0.5%, ending a six-day slide.

Bitcoin traded at $113,300, down from a recent peak of $124,500. Treasury yields edged higher, with the 10-year at 4.33%, and the U.S. dollar index rose 0.4% to 98.57. Oil gained for a second day, with WTI crude up 0.6% to $63.05, while gold held steady at $3,390 an ounce.

Top Movers: Under $10 

Aptorum Group Ltd (APM) is up 137.80% today to trade at the current level of $3.02. This comes after DiamiR, in partnership with Aptorum Group, received CLEP approval from NYSDOH for its APOE Genotyping test, advancing blood-based diagnostics for brain health.

Protagenic Therapeutics Inc (PTIX) zoomed 92.98% in today’s trade to $4.4 after announcing completion of first dose injection for all study subjects in the multiple-dose portion of its ongoing Phase I clinical trial of PT00114.

In current trading, Tharimmune Inc (THAR) stock is at $5.28 after announcing positive results from a recent pharmacokinetic (PK) simulation analysis of its lead clinical asset, TH104, a buccal film formulation of nalmefene.

SelectQuote Inc (SLQT) rose 42.90% in the early hours of today's trading to move at $2.62 after reporting fourth quarter of fiscal year 2025 results.

In the current trading session, Immuneering Corp (IMRX) jumped 24.78% to $4.28 over a previous close of $3.43 after announcing $25 million private placement.

Ex-Dividend Stocks

AMGEN Inc (AMGN) 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 $2.38 per share. It has fixed August 22 as the record date for the same and will pay the actual dividend on September 12. Last year, the company distributed a total of $9.26 to its shareholders. Based on the last year's worth of payments, AMGN has a trailing yield of 3.10% on the current stock price of $298.83.

Another stock that is shelling out dividends tomorrow is Virtus Investment Partners Inc (VRTS), having a market capitalization of $1.28B. It will pay a dividend of $2.4 per share, the payment date of which is November 14. Currently, the stock is trading at a trailing dividend yield of 4.74%.

Shares of Evergy Inc (EVRG) 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 $0.67 per share, and in the last 12 months, it paid a total of $2.65 per share. Last year's total dividend payments show that EVRG has a trailing yield of 3.65% on the current share price of $72.59.

Microchip Technology, Inc (MCHP) is also set to go ex-dividend tomorrow. The next dividend payment from MCHP will amount to $0.46 per share. August 22 has been designated as the record date for this dividend, with the actual payout scheduled for September 05. In the previous year, MCHP distributed a total of $1.82 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for MCHP stands at 2.74% based on the current stock price of $66.27.

WaFd Inc (WAFD) will be paying out a dividend of $0.27 per share to shareholders holding their shares as of the close of the business hours on the record date of August 22. Over the past 12 months, WAFD has paid out a total of $1.06 per share in dividends. Based on the total dividends paid out last year, WAFD boasts an impressive trailing yield of 3.46% on the current share price of $30.61.

Crypto Market Highlights

• Tether and Circle are reportedly set to meet with top executives from South Korea’s largest banks this week.

• An onchain investigation linked a wallet involved in the Kanye West-themed YZY token to wallets behind the LIBRA token, suggesting the same operator profited tens of millions using insider knowledge.

• MetaMask announced plans to launch its own dollar-backed stablecoin, MetaMask USD (mUSD).

• Hackers are increasingly targeting real-world asset (RWA) tokenization protocols, raising concerns over the security of this growing sector.

• The UK has imposed sanctions on Kyrgyzstan’s financial and crypto networks for allegedly assisting Russia in bypassing Western restrictions through a $9.3 billion ruble-backed stablecoin operation.

Most Shorted Stocks

Apellis Pharmaceuticals Inc (APLS) was one of the most shorted stocks as of the latest short interest figures, with 18.71% 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 9.0. This represents a change of 5600000 shares, which corresponds to a +33.96% increase in short interest. The total value of the shares held short is estimated to be around $596.65 million. The average daily volume stands at 2.41M shares, and the market capitalization of the company is $3.41B.

The Evolent Health Inc with the symbol EVH currently has a short interest of 16.27%. The short interest has changed by 1280000 shares. The days to cover ratio stands at 7.0. The estimated value of the shares held short is approximately $166.27 million. On an average day, 2.88M shares are traded, with the company's market capitalization totaling $1.04B.

For the stock Gevo Inc (GEVO), the current short interest is at 17.36%. This represents a significant short interest change of -1550000 shares, corresponding to a short interest percentage decrease of -3.85%. The days needed to cover the short positions amount to 10.3. The approximate worth of the shares held short is $60.84 million.

With the symbol LYFT, the stock currently has a short interest of 16.25%. The short interest change is 3820000 shares, compared with a short interest percentage change of +6.16%. It would take approximately 3.6 days to cover all the short positions. The shares' short value is estimated to be around $597.14 million. The company boasts an average daily volume of 16.13M shares, contributing to a market capitalization of $6.27B.

The stock JBLU has a current short interest of 19.58%. The short interest percentage has experienced a decrease of -1.93% while there was a change of -1120000 shares in short interest. The ratio indicating the time required to cover short positions is 2.6. The calculated worth of the shorted shares amounts to around $329.2 million. Trading activity averages at 20.65M shares per day, while the company's market capitalization stands at $1.82B.

Biotech Stocks to Watch

According to our ST Score evaluation, Connect Biopharma Holdings Ltd ADR (CNTB) emerges as a high-quality stock in the Biotech industry, attaining an impressive score of 63. The stock's performance and financial strength are strong. However, its profitability is weak. Additionally, it is neutral in terms of growth, stock sentiment, Piotroski Score, and forecast.

Our ST Score also classifies Keros Therapeutics Inc (KROS) as a high-quality Biotech stock today, presenting a Score of 66. The stock has strong fundamentals in terms of profitability, financial strength, and Piotroski Score. The performance, growth, stock sentiment, and forecast are neutral.

Another stock in the category, Halozyme Therapeutics Inc (HALO) has the ST Score of 63, 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.

Incyte Corp (INCY) stock has the ST Score of 62 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, but its weaknesses are in its financial strength. However, it shows a neutral outlook in stock sentiment and forecast.

Theratechnologies Inc (THTX) currently has the ST Score of 62, 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

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