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As of 10:18 AM EST, several small-cap stocks saw strong gains in the early trading session. Leading the list of gainers was Amesite Inc. as it rose by 56.77%, trading at 3.75 USD, with a market cap of 14.97 million USD.
After reporting fourth-quarter revenue gains, Root, Inc. gained 26.87%, reaching 125.23 USD, with a market cap of 1.89 billion USD. Similarly in the technology services sector, MicroAlgo, Inc. climbed 25.93%, trading at 5.49 USD, with a market cap of 54.76 million USD.
Red Robin Gourmet Burgers, Inc. advanced 25.33%, reaching 5.67 USD, with a market cap of 98.52 million USD. The stock was surging after the company reported a mixed fourth-quarter fiscal 2024 report with earnings falling short of investor estimates but revenue coming more than expected. On the other hand, Stoneridge, Inc. surged 23.69%, trading at 5.20 USD, with a market cap of 143.84 million USD.
Finally in the health technology sector, Editas Medicine, Inc. jumped 23.33%, reaching 2.27 USD, with a market cap of 187.32 million USD.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.