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As of 12:35 PM EST, several stocks in the U.S. stock market have experienced volatility amid broader fluctuations in the market due to inflation data release. At first place, Kindly MD, Inc. surged 227.10%, trading at 4.65 USD with a market cap of 8.5 M USD.
In the health technology services sector, Tivic Health Systems, Inc. jumped 123.23% to 0.5246 USD, with a market cap of 2.22 M USD. However, Spire Global, Inc. fell 52.39% to 9.45 USD, holding a market cap of 512.62 M USD. Spire Global has raised doubts about the company’s capacity for future functioning as it is currently facing revenue constraints.
Atomera Incorporated declined 39.88%, trading at 5.20 USD with a market cap of 149.65 M USD. The Q4 earnings report of Atomera came lower than expected leading to the stock’s decline on Wednesday. Meanwhile in the consumer services sector, Yoshiharu Global Co. saw an increase of 69.32%, reaching 14.90 USD with a market cap of 21.49 M USD.
Lastly Xilio Therapeutics, Inc. advanced 111.58% to 1.3901 USD, with a market cap of 30.06 M USD. The biotechnology company’s stock was soaring on Wednesday after it announced collaboration with AbbVie to develop cancer treatments.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.