Biotech Breakouts: Rapid Risers & Under-the-Radar $10 Gems

Stocks retreated on Thursday following a massive rally on Wall Street, triggered by President Donald Trump's announcement of a 90-day reprieve on some of his "reciprocal" tariffs.

As of 11:26 AM ET, the Dow was down -1149.77 points, or -2.83136%, at $39458.68. The Nasdaq Composite lost -767.97 points, or -4.01132%, at $18377.092. The S&P 500 declined -189.69 points, or -3.47615%, at $5267.21. Among the 11 major S&P 500 sectors, 9 showed negative movement, with Energy leading the way with a -3.4% decrease.

The pullback comes after a historic surge, with the S&P 500 soaring more than 9%—its third-largest single-day gain since World War II. The Dow posted its biggest percentage advance since March 2020, while the Nasdaq achieved its largest one-day gain since January 2001, marking the second-best day in its history.

The latest consumer price index report showed inflation eased to 2.4% year-over-year in March, lower than the Dow Jones consensus estimate of a 2.6% increase.

Top Movers: Under $10 

Janover Inc (JNVR) is up 76.59% today to trade at the current level of $48.35. This comes after the company announced the purchase of approximately $4.6 million Solana (SOL) — the first execution under its newly adopted digital asset treasury strategy.

ReShape Lifesciences Inc (RSLS) zoomed 65.69% in today’s trade to $0.57 after announcing that it has signed an agreement with Haifa, Israel-based Motion Informatics to exclusively import and distribute their next-generation neuromuscular rehabilitation devices in the U.S.

In current trading, American Rebel Holdings Inc (AREB) stock is at $8.41. The company shared its CEO Andy Ross’ TV interview on Miami’s WSFL – Home of the Florida Panthers and the New York Post’s coverage of Andy’s meetings with investors and members at Mar-a-Lago, dubbed “The Winter White House.”

Pasithea Therapeutics Corp (KTTA) rose 43.12% in the early hours of today's trading to move at $1.56 after announcing that the external Safety Review Committee recommended that the Company’s Phase 1 clinical trial of PAS-004 in advanced cancer should proceed to Cohort 6, 30mg capsule, without modification.

In the current trading session, Conduit Pharmaceuticals Inc (CDT) jumped 29.02% to $0.80 over a previous close of $0.62 after announcing up to $1,000,000 share repurchase program.

Ex-Dividends Stocks

Hello Group Inc ADR (MOMO) 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 $0.28 per share. It has fixed April 11 as the record date for the same and will pay the actual dividend on April 30. Last year, the company distributed a total of $0.00 to its shareholders. Based on the last year's worth of payments, MOMO has a trailing yield of 0.00% on the current stock price of $5.57.

Shares of Science Applications International Corp (SAIC) 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 $0.37 per share, and in the last 12 months, it paid a total of $1.48 per share. Last year's total dividend payments show that SAIC has a trailing yield of 1.31% on the current share price of $112.86.

CF Bankshares Inc (CFBK) is also set to go ex-dividend Monday. The next dividend payment from CFBK will amount to $0.07 per share. April 14 has been designated as the record date for this dividend, with the actual payout scheduled for April 22. In the previous year, CFBK distributed a total of $0.26 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for CFBK stands at 1.28% based on the current stock price of $20.39.

U.S. Global Investors, Inc (GROW) will be paying out a dividend of $0.01 per share to shareholders holding their shares as of the close of the business hours on the record date of June 16. Over the past 12 months, GROW has paid out a total of $0.09 per share in dividends. Based on the total dividends paid out last year, GROW boasts an impressive trailing yield of 4.16% on the current share price of $2.17.

Crypto Market Highlights

• Standard Chartered and OKX have launched a pilot program allowing institutions to use crypto assets and tokenized money market funds (MMFs) as collateral.

• Top publicly traded Bitcoin mining companies generated nearly $800 million worth of Bitcoin in Q1 2025, driven by sustained high BTC prices.

• Cosmos has introduced Eureka, an interoperability layer connecting its IBC protocol with Ethereum to enhance cross-chain communication.

• Nasdaq has applied to the U.S. SEC to list the VanEck Avalanche Trust ETF, offering indirect exposure to the AVAX token.

• Bitpanda, the Austrian fintech unicorn, has secured its third license under the EU’s MiCA framework, expanding its regulatory presence in Europe.

 Most Shorted Stocks

Mullen Automotive Inc (MULN) was one of the most shorted stocks as of latest short interest figures, with 52.15% 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 0.2. This represents a change of 470000 shares, which corresponds to a +42.34% increase in short interest. The total value of the shares held short is estimated to be around $63200.0. The average daily volume stands at 32.30M shares, and the market capitalization of the company is $0.14M.

The My Size Inc with the symbol MYSZ currently has a short interest of 2.25%. The short interest has changed by -9400 shares. The estimated value of the shares held short is approximately $15028.99. On an average day, 1.26M shares are traded, with the company's market capitalization totaling $2.39M.

For the stock B. Riley Financial Inc (RILY), the current short interest is at 47.99%. This represents a significant short interest change of -2210000 shares, corresponding to a short interest percentage decrease of -22.46%%. The days needed to cover the short positions amount to 3.9. The approximate worth of the shares held short is $22.43 million.

With the symbol GDHG, the stock currently has a short interest of 14.46%. The short interest change is 50300 shares, compared with a short interest percentage change of +106.12%%. It would take approximately 0.1 days to cover all the short positions. The shares short value is estimated to be around $2.29 million. The company boasts an average daily volume of 1.79M shares, contributing to a market capitalization of $10.27M.

The stock AUUD has a current short interest of 66.81%. The short interest percentage has experienced a decrease of -91.75%% while there was a change of -346900 shares in short interest. The ratio indicating the time required to cover short positions is 0.3. The calculated worth of the shorted shares amounts to around $0.38 million. Trading activity averages at 122.02K shares per day, while the company's market capitalization stands at $1.99M.

Biotech Stocks to Watch

According to our ST Score evaluation, Immucell Corp (ICCC) emerges as a high-quality stock in the Biotech industry, attaining an impressive score of 62. The stock's profitability, performance, growth, and Piotroski Score are strong. However, its financial strength is weak. Additionally, it is neutral in terms of stock sentiment, and forecast.

Our ST Score also classifies Tenax Therapeutics Inc (TENX) as a high-quality Biotech stock today, presenting a Score of 60. The stock has strong fundamentals in terms of profitability, performance, and financial strength. However, it has weak growth, stock sentiment, Piotroski Score, and forecast.

Another stock in the category, Kiora Pharmaceuticals Inc (KPRX) has the ST Score of 57, which means that the stock carries the potential for higher returns. The stock is strong in profitability, financial strength, and Piotroski Score but weak in growth. Performance, stock sentiment, and forecast suggest a neutral outlook.

Lipocine Inc (LPCN) stock has the ST Score of 59 which implies that the Biotech company has a high probability of beating the market. The stock's strengths lie in its profitability, and financial strength. However, it shows a neutral outlook in performance, growth, stock sentiment, Piotroski Score, and forecast.

Bright Minds Biosciences Inc (DRUG) currently has the ST Score of 57, which signifies a huge upward potential. The Biotech stock's strong points are its profitability, and financial strength, while its weak points are its growth and Piotroski Score. The stock's performance, stock sentiment, and forecast 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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