Upcoming IPOs: Explosive $10 Stocks & Market Disruptors

The S&P 500 oscillated on Monday as investors weighed the impact of a looming tariff deadline alongside opportunities in some of the more volatile investments of the past year.

As of 11:31 AM ET, the Dow was down -110.9 points, or -0.25296%, at $43730.01. The Nasdaq Composite lost -28.312 points, or -0.13557%, at $20856.096. The S&P 500 declined -15.97 points, or -0.2682%, at $5938.53. Among the 11 major S&P 500 sectors, 7 showed negative movement, with Utilities leading the way with a 1.81% decrease.

Cryptocurrencies also saw a rally after President Donald Trump announced the creation of a strategic crypto reserve for the U.S., which will include bitcoin and ether.

Monday marked the start of a new trading month after the three major indexes ended February with losses. The tech-heavy Nasdaq Composite notably underperformed, sliding 4%, marking its worst month since April 2024.

This action-packed week brings crucial labor market data, including the highly anticipated February jobs report on Friday.

Top Movers: Under $10

BioXcel Therapeutics Inc (BTAI) is up 189.35% today to trade at the current level of $6.25. This comes after the company announced that the FDA has concluded that the inspection of a single site in its TRANQUILITY II Phase 3 trial is closed under 21 C.F.R.20.64(d)(3) and released the Establishment Inspection Report.

Aclarion Inc (ACON) zoomed 65.92% in today’s trade to $5.56 after announcing that it has established a commercial agreement with Scripps Health in San Diego, CA.

In current trading, Geovax Labs Inc (GOVX) stock is at $1.69. The company highlighted the critical role of MVA-Based vaccines in the U.S. biodefense strategy.

Mobile health Network Solutions (MNDR) rose 8.22% in the early hours of today's trading to move at $0.47 after announcing that it has launched its proprietary AI Notes, a medical scribe that eliminates the burden of manual notetaking for doctors.

In the current trading session, MicroCloud Hologram Inc (HOLO) jumped 12.36% to $1.09 over a previous close of $0.97 after announcing that it has purchased up to $200 million in Bitcoin and cryptocurrency-related securities derivatives.

Ex-Dividends Stocks

Alcoa Corp (AA) 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 $0.1 per share. It has fixed March 04 as the record date for the same and will pay the actual dividend on March 20. Last year, the company distributed a total of $0.40 to its shareholders. Based on the last year's worth of payments, AA has a trailing yield of 1.21% on the current stock price of $33.10.

Shares of Newmont Corp (NEM) 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 $0.25 per share, and in the last 12 months, it paid a total of $1.00 per share. Last year's total dividend payments show that NEM has a trailing yield of 2.33% on the current share price of $42.88.

Analog Devices Inc (ADI) is also set to go ex-dividend tomorrow. The next dividend payment from ADI will amount to $0.99 per share. March 04 has been designated as the record date for this dividend, with the actual payout scheduled for March 17. In the previous year, ADI distributed a total of $3.68 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for ADI stands at 1.59% based on the current stock price of $231.73.

eXp World Holdings Inc (EXPI) will be paying out a dividend of $0.05 per share to shareholders holding their shares as of the close of the business hours on the record date of March 04. Over the past 12 months, EXPI has paid out a total of $0.20 per share in dividends. Based on the total dividends paid out last year, EXPI boasts an impressive trailing yield of 1.96% on the current share price of $10.22.

Crypto Market Highlights

• The US Securities and Exchange Commission has agreed to drop its lawsuit against Kraken, ending what the exchange called a "wasteful, politically motivated campaign" and paving the way for a stable regulatory regime.

• Cryptocurrency markets surged following US President Donald Trump's announcement of a potential strategic crypto reserve, though analysts warned the rally may be short-lived.

• Binance will delist several stablecoins in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA).

• Over 1,200 cryptocurrency ATMs went offline in the United States during the first weekend of March, shortly after a senator introduced the Crypto ATM Fraud Prevention Act.

• Bitcoin-stacking investment firm Metaplanet purchased another 156 Bitcoin on March 3 and is exploring a potential listing outside of Japan, including in the United States.

Most Shorted Stocks

Medical Properties Trust Inc (MPW) was one of the most shorted stocks as of latest short interest figures, with 39.75% 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 16.0. This represents a change of -19250000 shares, which corresponds to a -8.92% decrease in short interest. The total value of the shares held short is estimated to be around $1.13 billion. The average daily volume stands at 13.04M shares, and the market capitalization of the company is $3.45B.

The Kirkland's Inc with the symbol KIRK currently has a short interest of 37.32%. The short interest has changed by 110000 shares. The days to cover ratio stands at 7.7. The estimated value of the shares held short is approximately $1.82 million. On an average day, 173.94K shares are traded, with the company's market capitalization totaling $18.23M.

For the stock Plug Power Inc (PLUG), the current short interest is at 31.97%. This represents a significant short interest change of 30260000 shares, corresponding to a short interest percentage increase of +11.81%%. The days needed to cover the short positions amount to 4.4. The approximate worth of the shares held short is $452.51 million.

With the symbol CHPT, the stock currently has a short interest of 30.33%. The short interest change is 2010000 shares, compared with a short interest percentage change of +1.69%%. It would take approximately 4.8 days to cover all the short positions. The shares short value is estimated to be around $180.43 million. The company boasts an average daily volume of 26.65M shares, contributing to a market capitalization of $279.42M.

The stock TRUP has a current short interest of 30.00%. The short interest percentage has experienced a decrease of -0.44%% while there was a change of -40000 shares in short interest. The ratio indicating the time required to cover short positions is 15.2. The calculated worth of the shorted shares amounts to around $4.19 billion. Trading activity averages at 603.37K shares per day, while the company's market capitalization stands at $1.47B.

Upcoming IPOs

Apimeds Pharmaceuticals US, Inc. (APUS) is all set for its debut on the NYSEAMERICAN exchange on March 04. They are offering shares in the price range of $4.00 to $5.00. With a total of 4,500,000 shares available, the company aims to raise approximately $20.25M through this IPO.

FatPipe, Inc. (FATN) will be entering the market with its IPO on March 04, 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.

Sagtec Global Limited (SAGT) is also scheduled to make its debut on the NASDAQ exchange on March 04. They are offering shares in the price range of $4.00 to $4.50. The IPO includes 1,750,000 shares, aiming for a deal size of $7.44M.

Kestra Medical Technologies, Ltd. (KMTS) is set to join the NASDAQ on March 06. They are offering shares in the price range of $14.00 to $16.00. They are offering 10,000,000 shares, with an estimated deal size of $150.00M.

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

Best Regards,

Stocks Telegraph Team

P.S. Want my daily watchlists sent to your cell phone too? Join our WhatsApp Exclusive Community for real-time alerts on hot stocks. Stay ahead with instant updates and exclusive insights!