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As of 12:38 PM EST, several small-cap stocks in the technology and healthcare sector have experienced a percentage surge during the midday trading session.
Enveric Biosciences, Inc. traded at 2.42 USD, reflecting a gain of +105.51%, with a market capitalization of 2.27M USD. The company announced that it has received a U.S. patent covering mescaline derivative compounds with potential application in addiction and neuropsychiatric disorders, adding to the stock’s strong performance on Wednesday.
Mullen Automotive, Inc. climbed +77.12% to 4.18 USD, bringing its market cap to 4.53M USD. The automotive company’s stock surged after National Auto Fleet Group partnered with the EV making company. Similarly, Porch Group, Inc. saw an increase of +65.96%, reaching 6.29 USD, with a market cap of 643.04M USD.
B. Riley Financial, Inc. traded at 5.87 USD, up +41.06%, with a market capitalization of 178.95M USD. However in the health technology sector, Avalon GloboCare Corp. rose +30.35% to 8.46 USD, pushing its market cap to 9.26M USD.
Finally in the transportation sector, Volato Group, Inc. gained +28.77%, trading at 2.73 USD, with a market cap of 5.03M USD.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.