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

The S&P 500 held steady on Monday, gearing up for a busy week ahead filled with earnings reports and key economic data. Wall Street is also closely watching for any updates on trade deal negotiations.

As of 11:31 AM ET, the Dow was up 162 points, or 0.4038%, at $40,275.5. The Nasdaq Composite lost -23.69 points, or -0.12%, at $19,408.87. The S&P 500 rose 5.48 points, or 0.1%, at $5,530.69. Among the 11 major S&P 500 sectors, 6 showed negative movement, with Communication Services leading the way with a -0.89% decrease.

This week marks the end of April, a month that saw stocks swing dramatically after President Trump introduced sweeping tariff plans and later softened some of the more aggressive duties.

Multiple reports are expected this week on the labor market and key economic indicators. The spotlight will be on Friday’s nonfarm payrolls report, while first-quarter GDP and the Fed’s preferred inflation gauge will be released Wednesday.

Top Movers: Under $10 

Galmed Pharmaceuticals Ltd (GLMD) is up 47.26% today to trade at the current level of $2.31. This comes after signing a term sheet for novel formulation.

LogicMark Inc (LGMK) zoomed 62.07% in today’s trade to $0.01. This rally can be attributed to news that the company has unveiled new Board committee leadership structure.

In current trading, INNEOVA Holdings Ltd (INEO) stock is at $1.46 following a name change move.

Sabre Corp (SABR) rose 18.76% in the early hours of today's trading to move at $2.60. The strong performance of SABR stock came as investors were encouraged by entering into definitive agreement to sell its Hospitality Solutions business unit.

In the current trading session, Plug Power Inc (PLUG) jumped 42.93% to $1.16 over a previous close of $0.81 as the company signed a $525 million secured credit facility.

Ex-Dividends Stocks

SIGA Technologies Inc (SIGA) 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 $0.6 per share. It has fixed April 29 as the record date for the same and will pay the actual dividend on May 15 on the current stock price of $6.49.

Another stock that is shelling out dividends tomorrow is Civista Bancshares Inc (CIVB), having a market capitalization of $339.24M. It will pay a dividend of $0.17 per share, the payment date of which is May 13. Currently, the stock is trading at a trailing dividend yield of 2.97%.

Shares of Constellation Brands Inc (STZ) will be the talk of stock market on Tuesday as the stock will turn ex-dividend. The company's next dividend payment will be $1.02 per share, and in the last 12 months, it paid a total of $4.04 per share. Last year's total dividend payments show that STZ has a trailing yield of 2.17% on the current share price of $186.10.

Cyclacel Pharmaceuticals Inc (CYCC) is also set to go ex-dividend tomorrow. The next dividend payment from CYCC will amount to $0.15 per share. April 29 has been designated as the record date for this dividend, with the actual payout scheduled for May 01 and has a current stock price of $0.32.

Aerovate Therapeutics Inc (AVTE) will be paying out a dividend of $2.4 per share to shareholders holding their shares as of the close of the business hours on the record date of April 25. AVTE has the current share price of $2.73.

Crypto Market Highlights

• Ethereum’s Fusaka hard fork, expected in Q3 or Q4 2025, will likely introduce the controversial EVM Object Format (EOF) upgrade, according to an Ethereum Foundation official.

• Peter Chung, head of research at Presto, stated that Bitcoin acts as both a risk-on asset and digital gold, reaffirming his prediction that it will reach $210,000 by the end of 2025.

• Michael Saylor’s company, Strategy, increased its Bitcoin holdings to 553,555 BTC worth over $50 billion after its latest purchase amid Bitcoin’s surge past $90,000. 

• Coinbase will launch its Bitcoin Yield Fund on May 1, targeting institutional investors outside the US with an expected return of 4%–8% on Bitcoin holdings. 

• The Sandbox co-founder, Arthur Madrid, emphasized that wallet interoperability — allowing players to move across games with a single wallet — remains a key vision for Web3 gaming. 

Most Shorted Stocks

AnaptysBio Inc (ANAB) was one of the most shorted stocks as of latest short interest figures, with 53.39% 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 10.7. This represents a change of 40,000 shares, which corresponds to a +0.37% increase in short interest. The total value of the shares held short is estimated to be around $227.03 million. The average daily volume stands at 1.02M shares, and the market capitalization of the company is $646.45M.

The Phio Pharmaceuticals Corp with the symbol PHIO currently has a short interest of 34.04%. The short interest has changed by 1,361,300 shares. The days to cover ratio stands at 0.5. The estimated value of the shares held short is approximately $2.95 million. On an average day, 3.13M shares are traded, with the company's market capitalization totaling $9.80M.

For the stock Arbor Realty Trust Inc (ABR), the current short interest is at 31.39%. This represents a significant short interest change of -1,090,000 shares, corresponding to a short interest percentage decrease of -1.88%. The days needed to cover the short positions amount to 15.0. The approximate worth of the shares held short is $654.02 million.

With the symbol GRI, the stock currently has a short interest of 34.61%. The short interest change is 185,700 shares, compared with a short interest percentage change of +281.79%. It would take approximately 0.8 days to cover all the short positions. The shares short value is estimated to be around $108.91 million. The company boasts an average daily volume of 345.56K shares, contributing to a market capitalization of $1.39M.

Upcoming IPOs

Digital Asset Acquisition Corp. (DAAQ) is all set for its debut on the NASDAQ exchange on April 29. The shares will be offered at a fixed price of $10.00 per share. With a total of 15,000,000 shares available, the company aims to raise approximately $150.00M through this IPO.

OMS Energy Technologies Inc. (OMSE) will be entering the market with its IPO on April 29, on the NASDAQ exchange. They are offering shares in the price range of $8.00 to $10.00. They plan to offer 5,555,556 shares, targeting a deal size of $50.00M.

Real Asset Acquisition Corp. (RAAQ) is also scheduled to make its debut on the NASDAQ exchange on April 29. The shares will be offered at a fixed price of $10.00 per share. The IPO includes 15,000,000 shares, aiming for a deal size of $150.00M.

Yuanbao Inc. (YB) is set to join the NASDAQ on April 30. They are offering shares in the price range of $13.00 to $15.00. They are offering 2,000,000 shares, with an estimated deal size of $28.00M.

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

Best Regards,

Stocks Telegraph Team

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