IPOs Watch: High-Velocity Stocks & $10 Opportunities Heating Up

Stocks surged on Monday, as a surprise tariff exemption from President Donald Trump gave tech stocks a boost to start the week.

Trump exempted smartphones, computers, and other devices like semiconductors from his new “reciprocal” tariffs, according to new U.S. Customs and Border Protection guidance issued late Friday.

As of 11:21 AM ET, the Dow was up 360.47 points, or 0.89641%, at $40573.18. The Nasdaq Composite added 556.191 points, or 3.03207%, at $18899.791. The S&P 500 rose 61.94 points, or 1.15487%, at $5425.3. Among the 11 major S&P 500 sectors, 6 showed positive movement, with Consumer Defensive leading the way with a 1.08% increase.

These developments come as shares of the “Magnificent Seven” have faced pressure in the wake of the president’s “liberation day” tariff announcement earlier this month.

Top Movers: Under $10 

Longevity Health Holdings Inc (XAGE) is up 65.25% today to trade at the current level of $0.21. This comes after the company announced the execution of a merger agreement With 20/20 Biolabs.

American Resources Corporation (AREC) zoomed 78.81% in today’s trade to $0.86 after announcing progress on private patriotic capital financing, commercial equipment expansion, and strategic outlook amid China’s critical mineral export restrictions.

In current trading, Third Harmonic Bio Inc (THRD) stock is at $5.06 after announcing a plan of liquidation and dissolution.

Mammoth Energy Services Inc (TUSK) rose 24.87% in the early hours of today's trading to move at $2.36 after announcing the sale of infrastructure subsidiaries.

In the current trading session, Classover Holdings Inc (KIDZ) jumped 22.05% to $2.27 over a previous close of $1.86. The company announced that it has received official trademark registration for the "Classover" mark from the United States Patent and Trademark Office.

Ex-Dividends Stocks

A-Mark Precious Metals Inc (AMRK) 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 $0.2 per share. It has fixed April 15 as the record date for the same and will pay the actual dividend on April 29. Last year, the company distributed a total of $0.60 to its shareholders. Based on the last year's worth of payments, AMRK has a trailing yield of 2.53% on the current stock price of $23.75.

Shares of NewtekOne Inc (NEWT) 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 $0.19 per share, and in the last 12 months, it paid a total of $0.57 per share. Last year's total dividend payments show that NEWT has a trailing yield of 5.51% on the current share price of $10.34.

Tomorrow, Phillips Edison & Company Inc (PECO) is also set to go ex-dividend tomorrow. The next dividend payment from PECO will amount to $0.1 per share. April 15 has been designated as the record date for this dividend, with the actual payout scheduled for May 01. In the previous year, PECO distributed a total of $1.30 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for PECO stands at 3.67% based on the current stock price of $35.47.

Global Water Resources Inc (GWRS) will be paying out a dividend of $0.03 per share to shareholders holding their shares as of the close of the business hours on the record date of April 16. Over the past 12 months, GWRS has paid out a total of $0.30 per share in dividends. Based on the total dividends paid out last year, GWRS boasts an impressive trailing yield of 2.93% on the current share price of $10.29.

Crypto Market Highlights

• Bybit denies allegations of charging $1.4 million to list a token, responding to claims made by a social media user with over 100,000 followers.

• Kraken to offer US-listed stocks and ETFs, expanding beyond crypto to attract more traditional investors.

• Strategy, led by Michael Saylor, buys 3,459 Bitcoin for $285.5 million, reaffirming its bullish stance on Bitcoin despite global trade concerns.

• Bybit partners with Avalon lending protocol to provide Bitcoin yield opportunities to its users.

• Digital asset ETPs face $800 million in outflows, marking the third straight week of investor pullback, per CoinShares report.

 Most Shorted Stocks

Symbotic Inc (SYM) was one of the most shorted stocks as of the latest short interest figures, with 40.43% 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 8.9. This represents a change of -660000 shares, which corresponds to a -3.63% decrease in short interest. The total value of the shares held short is estimated to be around $373.49 million. The average daily volume stands at 1.99M shares, and the market capitalization of the company is $2.30B.

The Gogo Inc with the symbol GOGO currently has a short interest of 38.23%. The short interest has changed by 150000 shares. The days to cover ratio stands at 17.7. The estimated value of the shares held short is approximately $176.76 million. On an average day, 1.54M shares are traded, with the company's market capitalization totaling $955.87M.

For the stock Hertz Global Holdings Inc (HTZ), the current short interest is at 32.77%. This represents a significant short interest change of 1600000 shares, corresponding to a short interest percentage increase of +3.72%. The days needed to cover the short positions amount to 8.1. The approximate worth of the shares held short is $179.49 million.

With the symbol OPK, the stock currently has a short interest of 36.59%. The short interest change is 21530000 shares, compared with a short interest percentage change of +24.06%. It would take approximately 23.9 days to cover all the short positions. The shares short value is estimated to be around $63.85 million. The company boasts an average daily volume of 5.00M shares, contributing to a market capitalization of $960.32M.

The stock ANAB has a current short interest of 53.19%. The short interest percentage has experienced an increase of +9.49% while there was a change of 930000 shares in short interest. The ratio indicating the time required to cover short positions is 10.5. The calculated worth of the shorted shares amounts to around $1.9 billion. Trading activity averages at 1.05M shares per day, while the company's market capitalization stands at $524.76M.

Upcoming IPOs

Haoxin Holdings Limited (HXHX) is all set for its debut on the NASDAQ exchange on April 15. They are offering shares in the price range of $4.00 to $6.00. With a total of 1,750,000 shares available, the company aims to raise approximately $8.75M through this IPO.

Phoenix Asia Holdings Limited (PHOE) will be entering the market with its IPO on April 15, on the NASDAQ exchange. They are offering shares in the price range of $4.00 to $6.00. They plan to offer 1,600,000 shares, targeting a deal size of $8.00M.

AIRO Group Holdings, Inc. (AIRO) is also scheduled to make its debut on the NASDAQ exchange on April 17. They are offering shares in the price range of $14.00 to $16.00. The IPO includes 5,000,000 shares, aiming for a deal size of $75.00M.

Chagee Holdings Limited (CHA) is set to join the NASDAQ on April 17. They are offering shares in the price range of $26.00 to $28.00. They are offering 14,683,991 shares, with an estimated deal size of $396.47M.

OMS Energy Technologies Inc. (OMSE) is preparing to launch its IPO on the NASDAQ exchange on April 17. The company is offering shares in the price range of $8.00 to $10.00. With 5,555,556 shares up for grabs, OMSE aims to raise approximately $50.00M through this public offering.

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

Best Regards,

Stocks Telegraph Team

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