Upcoming IPOs Radar: Under-$10 Stocks in Motion

Stocks climbed early Monday as rising optimism around trade positioned Wall Street to finish June with even more record highs, capping off a stunning rebound month for U.S. equities.

Despite a looming tariff deadline and ongoing policy shifts in Washington, market strategists believe strong equity fundamentals and broader participation in the rally may sustain momentum heading into the second half of 2025. According to U.S. Bank Wealth’s Terry Sandven, improving market breadth supports the bullish outlook.

As of 11:13 AM ET, the Dow was up 108.38 points, or 0.2473%, at $43927.66. The Nasdaq Composite added 70.38 points, or 0.31%, at $22604.58. The S&P 500 rose 9.57 points, or 0.16%, at $6182.64. Among the 11 major S&P 500 sectors, 8 showed negative movement, with Real Estate leading the way with a -0.91% decrease.

June has been a powerful recovery month. The S&P 500 is now up over 4%, while the Nasdaq has surged more than 6%. The Dow has gained about 4% month-to-date. As the quarter wraps up, investor attention also turns to the Senate’s decision on Trump’s proposed "one, big, beautiful" bill, which narrowly passed a procedural vote but still faces a rocky road in the House amid internal GOP disagreements.

Top Movers: Under $10 

Klotho Neurosciences Inc (KLTO) is up 63.87 today to trade at the current level of $1.18. This comes after the company announced that it is moving forward with manufacturing and process development work in preparation for clinical trials of KLTO-202.

Genius Group Ltd (GNS) zoomed 41.13% in today’s trade to $1.39 after announcing that it has appointed Kevin Malone as an advisor to the Board. Mr.

In current trading, Greenlane Holdings Inc (GNLN) stock is at $3.82 after announcing the appointment of Mike Hinson as the Company's Executive Vice President of Sales.

Blaize Holdings Inc (BZAI) rose 25.96% in the early hours of today's trading to move at $2.96. The company will deploy its edge AI platform to 250,000+ devices across Southeast Asia starting Q2 2025. The $56M deal includes $6M in revenue expected in Q2–Q3 2025.

In the current trading session, AEye Inc (LIDR) jumped 17.82% to $1.05 over a previous close of $0.9 after announcing that its Apollo lidar units have been selected by a major transportation OEM, representing a potential revenue opportunity of $30 million or more anticipated over the next 24 to 36 months.

Ex-Dividends Stocks

Fulton Financial Corp (FULT) 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 $0.18 per share. It has fixed July 01 as the record date for the same and will pay the actual dividend on July 15. Last year, the company distributed a total of $0.70 to its shareholders. Based on the last year's worth of payments, FULT has a trailing yield of 3.86% on the current stock price of $18.15.

Another stock that is shelling out dividends tomorrow is Pegasystems Inc (PEGA), having a market capitalization of $9.16B. It will pay a dividend of $0.03 per share, the payment date of which is July 15. Currently, the stock is trading at a trailing dividend yield of 0.11%.

Shares of Preformed Line Products Co (PLPC) will be the talk of the 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, it paid a total of $0.80 per share. Last year's total dividend payments show that PLPC has a trailing yield of 0.50% on the current share price of $159.12.

First Financial Corp (THFF) is also set to go ex-dividend tomorrow. The next dividend payment from THFF will amount to $0.51 per share. July 01 has been designated as the record date for this dividend, with the actual payout scheduled for July 15. In the previous year, THFF distributed a total of $1.92 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for THFF stands at 3.54% based on the current stock price of $54.26.

Washington Trust Bancorp, Inc (WASH) will be paying out a dividend of $0.56 per share to shareholders holding their shares as of the close of the business hours on the record date of July 01. Over the past 12 months, WASH has paid out a total of $2.24 per share in dividends. Based on the total dividends paid out last year, WASH boasts an impressive trailing yield of 7.87% on the current share price of $28.46.

Crypto Market Highlights

• BitMine Immersion Technologies secured a $250 million private placement to launch its Ether treasury initiative 

• MicroStrategy, led by Michael Saylor, acquired 4,980 Bitcoin worth $531.1 million last week, continuing its aggressive BTC accumulation.

• The National Bank of Kazakhstan plans to create a state-managed cryptocurrency reserve, as reported by Kazinform.

• South Korea’s central bank has postponed testing its CBDC project, amid growing government support for local currency stablecoins.

• Iranian crypto exchange Nobitex, recently hacked by pro-Israel group Gonjeshke Darande, has started restoring its services.

Most Shorted Stocks

Oragenics Inc (OGEN) was one of the most shorted stocks as of the latest short interest figures, with 42.98% 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 1.4. This represents a change of 208800 shares, which corresponds to a +258.74% increase in short interest. The total value of the shares held short is estimated to be around $1.04 million. The average daily volume stands at 218.78K shares, and the market capitalization of the company is $2.58M.

The Jack In The Box, Inc with the symbol JACK currently has a short interest of 25.62%. The short interest has changed by 350000 shares. The days to cover ratio stands at 4.7. The estimated value of the shares held short is approximately $80.04 million. On an average day, 1.00M shares are traded, with the company's market capitalization totaling $325.58M.

For the stock NuScale Power Corporation (SMR), the current short interest is at 20.99%. This represents a significant short interest change of 290000 shares, corresponding to a short interest percentage increase of +1.17%. The days needed to cover the short positions amount to 2.2. The approximate worth of the shares held short is $973.92 million.

With the symbol GME, the stock currently has a short interest of 20.26%. The short interest change is 32020000 shares, compared with a short interest percentage change of +67.42%. It would take approximately 4.6 days to cover all the short positions. The shares' short value is estimated to be around $597.22 million. The company boasts an average daily volume of 15.67M shares, contributing to a market capitalization of $10.67B.

The stock FL has a current short interest of 20.26%. The short interest percentage has experienced an increase of +15.98% while there was a change of 2330000 shares in short interest. The ratio indicating the time required to cover short positions is 2.8. The calculated worth of the shorted shares amounts to around $1.95 billion. Trading activity averages at 6.11M shares per day, while the company's market capitalization stands at $2.34B.

Upcoming IP

CapsoVision, Inc. (CV) is set to join the NASDAQ on July 01. They are offering shares in the price range of $5.00 to $5.50. They are offering 5,250,000 shares, with an estimated deal size of $27.56M.

Ten-League International Holdings Ltd (TLIH) is also scheduled to make its debut on the NASDAQ exchange on July 01. They are offering shares in the price range of $4.00 to $5.00. The IPO includes 2,240,000 shares, aiming for a deal size of $11.2M.

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

Best Regards,

Stocks Telegraph Team

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