Biotech Movers: $10 Standouts Breaking Out Fast

Stocks rose Thursday morning after President Donald Trump announced a new trade deal with the United Kingdom, with a press conference scheduled for 10 a.m. ET to share more details.

As of 11:21 AM ET, the Dow was up 291.7 points, or 0.7095%, at $41,405.67. The Nasdaq Composite added 250.88 points, or 1.27%, at $20,042.23. The S&P 500 rose 38.12 points, or 0.68%, at $5,669.4. Among the 11 major S&P 500 sectors, 8 showed negative movement, with Consumer Defensive leading the way with a -1.97% decrease. 

The gains follow a volatile but positive session on Wall Street, as investors reacted to the Federal Reserve’s policy update and continued to watch global trade developments closely amid growing inflation concerns.

Top Movers: Under $10 

Twin Vee PowerCats Co (VEEE) is up 102.35% today to trade at the current level of $5.16. This comes after reporting a 92% revenue growth.

Zevia PBC (ZVIA) zoomed 45.81% in today’s trade to $2.96. This rally can be attributed to news that the company has delivered net sales at the high end of its guidance.

In current trading, D-Wave Quantum Inc (QBTS) stock is at $9.20 following news of over 500% Y-o-Y revenue growth for its Q1 2025 financials.

LegalZoom.com Inc (LZ) rose 26.76% in the early hours of today's trading to move at $9.19. The strong performance of LZ stock came as investors were encouraged by a 50% increase in net income per diluted share in the recent earning report.

In the current trading session, Sunopta, Inc (STKL) jumped 26.96% to $5.75 over a previous close of $4.53 as its continued volume growth drove the revenue 9% up in Q1 2025.

Ex-Dividends Stocks

American Electric Power Company Inc (AEP) 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 $0.93 per share. It has fixed May 09 as the record date for the same and will pay the actual dividend on June 10. Last year, the company distributed a total of $3.62 to its shareholders. Based on the last year's worth of payments, AEP has a trailing yield of 3.40% on the current stock price of $106.49.

Shares of J.B. Hunt Transport Services, Inc (JBHT) will be the talk of stock market on Friday as the stock will turn ex-dividend. The company's next dividend payment will be $0.44 per share, and in the last 12 months, it paid a total of $1.73 per share. Last year's total dividend payments show that JBHT has a trailing yield of 1.29% on the current share price of $134.36.

First Bank (NJ) (FRBA) is also set to go ex-dividend tomorrow. The next dividend payment from FRBA will amount to $0.06 per share. May 09 has been designated as the record date for this dividend, with the actual payout scheduled for May 23. In the previous year, FRBA distributed a total of $0.24 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for FRBA stands at 1.65% based on the current stock price of $14.59.

Sanofi ADR (SNY) will be paying out a dividend of $1.61 per share to shareholders holding their shares as of the close of the business hours on the record date of May 09. Over the past 12 months, SNY has paid out a total of $2.04 per share in dividends. Based on the total dividends paid out last year, SNY boasts an impressive trailing yield of 3.92% on the current share price of $52.02.

Another stock that is shelling out dividends tomorrow is Bank First Corp (BFC), having a market capitalization of $1.17B. It will pay a dividend of $0.45 per share, the payment date of which is July 09. Currently, the stock is trading at a trailing dividend yield of 1.41%.

Crypto Market Highlights

• Hut 8 increased its hashrate by 79% in Q1 2025 despite a $134.3 million net loss, driven by major investments and the launch of its American Bitcoin subsidiary. 

• Held examines how Bitcoin can evolve beyond the "digital gold" narrative to appeal to the next wave of users amid shifting geopolitical landscapes and technological advancements. 

• Coinbase, the largest U.S. crypto exchange by trading volume, has agreed to acquire Deribit, the world’s leading Bitcoin and Ethereum options platform with over $1.2 trillion in annual trading volume. 

• Rootstock’s merged mining reached an all-time high in Q1 2025, signaling stronger network security and miner engagement, even as DeFi TVL fell 20% and user activity declined across Bitcoin’s DeFi ecosystem. 

• Sweat, a move-to-earn platform, introduced a personalized AI agent and expanded its multichain infrastructure to enhance onboarding and simplify asset management through everyday activities like walking. 

Most Shorted Stocks

MercadoLibre Inc (MELI) was one of the most shorted stocks as of latest short interest figures, with 1.56% 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 1.6. This represents a change of -17,800 shares, which corresponds to a -2.37% decrease in short interest. The total value of the shares held short is estimated to be around $1.77 billion. The average daily volume stands at 465.51K shares, and the market capitalization of the company is $122.00B.

The Axon Enterprise Inc with the symbol AXON currently has a short interest of 2.02%. The short interest has changed by -120,000 shares. The days to cover ratio stands at 1.8. The estimated value of the shares held short is approximately $986.0 million. On an average day, 828.08K shares are traded, with the company's market capitalization totaling $52.94B.

The stock DAVE has a current short interest of 10.85%. The short interest percentage has experienced an increase of +0.51% while there was a change of 5,100 shares in short interest. The ratio indicating the time required to cover short positions is 2.1. The calculated worth of the shorted shares amounts to around $1.6 billion. Trading activity averages at 464.09K shares per day, while the company's market capitalization stands at $1.99B.

Biotech Stocks to Watch

According to our ST Score evaluation, Summit Therapeutics Inc (SMMT) emerges as a high-quality stock in the Biotech industry, attaining an impressive score of 58. The stock's performance, and financial strength are strong. However, its growth is weak. Additionally, it is neutral in terms of profitability, stock sentiment, Piotroski Score, and forecast.

Our ST Score also classifies Genmab ADR (GMAB) as a high-quality Biotech stock today, presenting a Score of 55. The stock has strong fundamentals in terms of profitability, performance, and Piotroski Score. However, it has weak growth. The financial strength, stock sentiment, and forecast are neutral.

Another stock in the category, Revolution Medicines Inc (RVMD) has the ST Score of 51, which means that the stock carries the potential for higher returns. The stock is strong in profitability, and financial strength but weak in growth, and Piotroski Score. Performance, stock sentiment, and forecast suggest a neutral outlook.

Compass Therapeutics Inc (CMPX) stock has the ST Score of 51 which implies that the Biotech company has a high probability of beating the market. The stock's strengths lie in its performance, and financial strength, but its weaknesses are in its growth. However, it shows a neutral outlook in profitability, stock sentiment, Piotroski Score, and forecast.

Mirum Pharmaceuticals Inc (MIRM) currently has the ST Score of 50, which signifies a huge upward potential. The Biotech stock's strong points are its profitability, and performance, while its weak points are its financial strength. The stock's growth, stock sentiment, Piotroski Score, 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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