💸 Under-$10 Stocks Going Wild — Gains You Had to See to Believe!

US stocks split sharply on Thursday as the Dow hit a record high while tech-heavy indexes stumbled.

The Nasdaq fell 1% and the S&P 500 slipped 0.3% after Oracle’s disappointing results reignited concerns about overheated AI spending. In contrast, the Dow rose 1% to a new intraday high, buoyed by its lower tech exposure.

The pullback followed Wednesday’s Fed rate cut—its third this year—with Chair Jerome Powell signaling a slower easing path ahead.

Fresh data showed jobless claims jumping to their highest level since 2020, while the US trade deficit narrowed to a five-year low. Investors now turn to upcoming earnings from Broadcom, Costco, and Lululemon.

Top Movers: Under $10 

Black Titan Corp (BTTC) is up 103.00% today to trade at the current level of $6.73. This comes after the company launched the DAT+ treasury framework, released Pillar 1 on utility-based participation, and introduced Pillar 3 on aligning token utility with real economic activity.

SMX (Security Matters) Plc (SMX) zoomed 52.31% in today’s trade to $222 after reporting a successful multi-day pilot showing full cotton traceability from recycling to finished fabric and said it’s ready to scale commercially.

In current trading, AXIL Brands Inc (AXIL) stock is at $8.11 after announcing a national retail distribution agreement with Walmart.

Petmed Express, Inc (PETS) rose 70.90% in the early hours of today's trading to move at $3.03. The company confirmed that it has received an unsolicited and non-binding acquisition proposal from SilverCape Investments Limited.

In the current trading session, Kandi Technologies Group Inc (KNDI) jumped 19.60% to $1.16 over a previous close of $0.97 after announcig that it has entered into an equity transfer agreement to acquire 100% of Rawrr Inc., a premium electric off-road motorcycle brand in the United States.

Ex-Dividend Stocks

Farmers National Banc Corp (FMNB) 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 $0.17 per share. It has fixed December 12 as the record date for the same and will pay the actual dividend on December 31. Last year, the company distributed a total of $0.68 to its shareholders. Based on the last year's worth of payments, FMNB has a trailing yield of 4.71% on the current stock price of $14.45.

Another stock that is shelling out dividends tomorrow is Sprott Focus Trust Inc (FUND), having a market capitalization of $263.07M. It will pay a dividend of $0.19 per share, the payment date of which is December 29. Currently, the stock is trading at a trailing dividend yield of 6.78%.

Shares of First US Bancshares Inc (FUSB) 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 $0.07 per share, and in the last 12 months, it paid a total of $0.28 per share. Last year's total dividend payments show that FUSB has a trailing yield of 1.98% on the current share price of $14.12.

Walmart Inc (WMT) is also set to go ex-dividend tomorrow. The next dividend payment from WMT will amount to $0.23 per share. December 12 has been designated as the record date for this dividend, with the actual payout scheduled for January 05. In the previous year, WMT distributed a total of $0.91 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for WMT stands at 0.80% based on the current stock price of $114.57.

SLR Investment Corp (SLRC) will be paying out a dividend of $0.41 per share to shareholders holding their shares as of the close of the business hours on the record date of December 12. Over the past 12 months, SLRC has paid out a total of $1.64 per share in dividends. Based on the total dividends paid out last year, SLRC boasts an impressive trailing yield of 10.14% on the current share price of $16.17.

Crypto Market Highlights

• Australia removed licensing requirements for stablecoin intermediaries and approved omnibus accounts, cutting compliance costs.

• Trust Wallet introduced zero-fee crypto purchases via Revolut shortly after the fintech reached a $75B valuation in a private share sale.

• Coinbase connected directly to Solana’s DeFi ecosystem, allowing users to trade any Solana token through DEX rails without a formal listing.

• The Polish government reintroduced the same 84-page crypto bill that was previously vetoed, raising concerns over national versus EU oversight.

• A new MoU in the UAE enables e& to explore integrating AE Coin for real-world stablecoin payments across its digital channels.

Most Shorted Stocks

Faraday Future Intelligent Electric (FFAI) was one of the most shorted stocks as of the latest short interest figures, with 23.26% short interest. The days-to-cover ratio, a measure of how long it would take for all short positions to be covered based on average trading volume, is 6.3. This represents a change of 3,634,324 shares, a 10.20% increase in short interest. The total value of the shares held short is estimated to be around $45.14M. The average daily volume stands at 7.88M shares, and the market capitalization of the company is $187.09M.

The Cardiff Oncology with the symbol CRDF currently has a short interest of 25.07%. The short interest has changed by 764,969 shares. The days to cover ratio stands at 19.7. The estimated value of the shares held short is approximately $35.47M. On an average day, 808.34K shares are traded, with the company's market capitalization totaling $170.15M.

For the stock PureCycle Technologies (PCT), the current short interest is at 29.54%. This represents a significant change in short interest of 587,665 shares, a 1.43% increase. The days needed to cover the short positions amount to 10.1. The approximate worth of the shares held short is $367.74 million.

With the symbol ENPH, the stock currently has a short interest of 23.71%. The short interest change is 2,854,772 shares, compared with a short interest percentage change of 10.49%. It would take approximately 5.1 days to cover all the short positions. The shares short value is estimated to be around $871.12 million. The company boasts an average daily volume of 8.00M shares, contributing to a market capitalization of $4.33B.

The stock WOLF has a current short interest of 22.85%. The short interest percentage has experienced a decrease of -7.31% while there was a change of -466,334 shares in short interest. The ratio indicating the time required to cover short positions is 4.7. The calculated worth of the shorted shares amounts to around $120.00 million. Trading activity averages at 507.49M shares per day, while the company's market capitalization stands at $3.54M.

Biotech Stock to Watch

According to our ST Score evaluation, Stoke Therapeutics Inc (STOK) emerges as a high-quality stock in the Biotech industry, attaining an impressive score of 65. 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 Biocryst Pharmaceuticals Inc (BCRX) as a high-quality Biotech stock today, presenting a Score of 64. The stock has strong fundamentals in terms of profitability, performance, and growth. The financial strength, stock sentiment, Piotroski Score, and forecast are neutral.

Another stock in the category, Protagonist Therapeutics Inc (PTGX) has the ST Score of 64, 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.

Terns Pharmaceuticals Inc (TERN) 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, and financial strength, but its weaknesses lie in its growth. However, it shows neutral outlook in stock sentiment, Piotroski Score, and forecast.

Arcutis Biotherapeutics Inc (ARQT) currently has the ST Score of 62, which signifies a huge upward potential. The Biotech stock's strong points are its profitability, performance, growth, and Piotroski Score, while its weak points are its financial strength, stock sentiment, and forecast. The stock indicates a neutral outlook.

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

Best Regards,

Stocks Telegraph Team

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