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As of 12:38 PM EST, many small cap stocks especially in the health technology sector have shown positive momentum during the mid day trading. Leading the list of gainers was Nvni Group Limited which traded at 5.28 USD, showing an impressive gain of +254.36%, with a market cap of 49.76 M USD.
Allurion Technologies, Inc. was priced at 9.40 USD, rising by +153.92%, with a market cap of 10.03 M USD. The company has talked about its plans to initiate a study regarding the combination of certain weight-loss drugs and its Allurion program with the aim of improving muscle mass. Similarly, Neuphoria Therapeutics Inc. saw its stock value increase to 6.93 USD, up by +98.57%, with a market cap of 5.68 M USD.
PainReform Ltd. traded at 5.76 USD, gaining +80.56%, and had a market cap of 5.04 M USD. However, PMGC Holdings Inc. reached 3.19 USD, rising by +61.11%, with a market cap of 9.8 M USD.
Finally, Five Point Holdings, LLC saw its stock price increase to 5.52 USD, up by +35.96%, and had a market cap of 592.03 M USD. The surge in the stock was caused by the release of the company’s financial results for the fourth quarter and year-end 2024.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.