Upcoming IPOs: Explosive $10 Stocks & Market Disruptors

The S&P 500 ticked down on Monday as the market failed to recover from Friday’s sharp sell-off. Tech stocks came under pressure, dragging the Nasdaq Composite lower and briefly into negative territory for 2025.

As of, 11:16 AM ET, the Dow was up 85.49 points, or 0.19685%, at $43513.51. The Nasdaq Composite lost -150.539 points, or -0.69649%, at $21463.541. The S&P 500 declined -13.45 points, or -0.22368%, at $5999.68. Among the 11 major S&P 500 sectors, 7 showed negative movement, with Utilities leading the way with a 5.39% decrease.

Looking ahead, the week will bring crucial updates on corporate earnings and economic data. Earnings reports from Home Depot and Lowe’s on Tuesday and Wednesday will provide insights into U.S. consumer health. Nvidia’s report on Wednesday evening could be even more influential, with the AI-focused chipmaker still holding one of the largest market caps.

Later in the week, Friday will bring the January reading of the personal consumption expenditures index, the Federal Reserve’s favored measure of inflation.

Top Movers: Under $10

Agape ATP Corp (ATPC) is up 76.28% today to trade at the current level of $1.65. This comes after the company signed an Irrevocable Corporate Purchase Order with Swiss One Oil & Gas AG and entered into a strategic partnership to enhance oil and gas sales and purchase operations.

Connexa Sports Technologies Inc (YYAI) zoomed 87.47% in today’s trade to $1.20 after announcing that its majority-owned subsidiary, Yuanyu Enterprise Management Limited, has signed an MCN agency services agreement to create and sell content to TikTok as part of its exciting new vertical centered on social networking applications.

In current trading, PepGen Inc (PEPG) stock is at $2.45 after reporting financial results for the quarter and year-ended December 31, 2024.

Azul S.A. ADR (AZUL) rose 9.90% in the early hours of today's trading to move at $2.00. The company expects to go "back to basics" and be able to focus more on its operations this year, Chief Executive John Rodgerson said, after a challenging 2024 marked by some market disruptions and a major debt restructuring.

In the current trading session, Oil States International, Inc (OIS) jumped 8.76% to $5.16 over a previous close of $4.74 after announcing fourth quarter 2024 results.

Ex-Dividends Stocks

Atmos Energy Corp (ATO) 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 $0.87 per share. It has fixed February 25 as the record date for the same and will pay the actual dividend on March 10. Last year, the company distributed a total of $3.29 to its shareholders. Based on the last year's worth of payments, ATO has a trailing yield of 2.19% on the current stock price of $149.90.

Shares of Celanese Corp (CE) 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 $0.03 per share, and in the last 12 months, it paid a total of $2.10 per share. Last year's total dividend payments show that CE has a trailing yield of 3.98% on the current share price of $52.76.

Welltower Inc (WELL) is also set to go ex-dividend tomorrow. The next dividend payment from WELL will amount to $0.67 per share. February 25 has been designated as the record date for this dividend, with the actual payout scheduled for March 06. In the previous year, WELL distributed a total of $2.56 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for WELL stands at 1.72% based on the current stock price of $148.58.

Moody's Corp (MCO) will be paying out a dividend of $0.94 per share to shareholders holding their shares as of the close of the business hours on the record date of February 25. Over the past 12 months, MCO has paid out a total of $3.40 per share in dividends. Based on the total dividends paid out last year, MCO boasts an impressive trailing yield of 0.68% on the current share price of $500.28.

Crypto Market Highlights

• Wintermute withdrew nearly $40 million worth of Solana from Binance in the past 24 hours, ahead of the largest Solana token unlock in the project’s history.

• Blockchain infrastructure protocols Celo, Chainlink, Hyperlane, and Velodrome launched a cross-chain version of Tether’s USDt on the OP Superchain to improve interoperability and liquidity.

• The United States Securities and Exchange Commission closed its investigation into Robinhood Crypto less than a year after issuing a Wells notice.

• Strategy acquired an additional $2 billion worth of Bitcoin, bringing its total holdings to nearly 500,000 BTC, making it the world’s largest corporate Bitcoin holder. 

• HK Asia Holdings Limited increased its Bitcoin holdings to nearly 9 BTC, following a surge in its share prices after purchasing its first Bitcoin just a week prior.

  Most Shorted Stocks

Fuelcell Energy Inc (FCEL) was one of the most shorted stocks as of latest short interest figures, with 25.56% 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 3.1. This represents a change of 180000 shares, which corresponds to a +3.58% increase in short interest. The total value of the shares held short is estimated to be around $36.83 million. The average daily volume stands at 1.32M shares, and the market capitalization of the company is $144.58M.

The Bluebird bio Inc with the symbol BLUE currently has a short interest of 26.30%. The short interest has changed by 110000 shares. The days to cover ratio stands at 6.3. The estimated value of the shares held short is approximately $10.32 million. On an average day, 476.31K shares are traded, with the company's market capitalization totaling $39.67M.

For the stock Bit Digital Inc (BTBT), the current short interest is at 23.09%. This represents a significant short interest change of 1180000 shares, corresponding to a short interest percentage increase of +3.44%. The days needed to cover the short positions amount to 1.8. The approximate worth of the shares held short is $96.07 million.

With the symbol MARA, the stock currently has a short interest of 23.07%. The short interest change is -3560000 shares, compared with a short interest percentage change of -4.35%. It would take approximately 1.4 days to cover all the short positions. The shares short value is estimated to be around $519.7 million. The company boasts an average daily volume of 46.67M shares, contributing to a market capitalization of $4.98B.

The stock LMND has a current short interest of 30.46%. The short interest percentage has experienced a decrease of -4.39% while there was a change of -740000 shares in short interest. The ratio indicating the time required to cover short positions is 6.5. The calculated worth of the shorted shares amounts to around $2.62 billion. Trading activity averages at 2.12M shares per day, while the company's market capitalization stands at $2.39B.

Upcoming IPOs

Basel Medical Group Ltd (BMGL) is all set for its debut on the NASDAQ exchange on February 25. They are offering shares in the price range of $4.00 to $5.00. With a total of 2,205,000 shares available, the company aims to raise approximately $9.92M through this IPO.

FatPipe, Inc. (FATN) will be entering the market with its IPO on February 28, on the NASDAQ exchange. They are offering shares in the price range of $5.75 to $7.75. They plan to offer 740,740 shares, targeting a deal size of $5.00M.

Micropolis Holding Company (MCRP) is also scheduled to make its debut on the NYSE exchange on February 28. They are offering shares in the price range of $4.00 to $5.00. The IPO includes 5,000,000 shares, aiming for a deal size of $22.50M.

Apimeds Pharmaceuticals US, Inc. (APUS) is set to join the NYSEAMERICAN on March 03. They are offering shares in the price range of $4.00 to $5.00. They are offering 4,500,000 shares, with an estimated deal size of $20.25M.

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

Best Regards,

Stocks Telegraph Team

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