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As of 12:55 PM EST, several small cap stocks have recorded percentage fall during the mid day trading session.
At the top of the chart was Pliant Therapeutics, Inc. as it dropped 58.99%, trading at 3.20 USD, with a market capitalization of 474.05M USD. The pharmaceutical company has recently announced a pause in its pulmonary fibrosis drug following a review by independent monitors resulting in the stock’s dip on Monday.
Semtech Corporation fell 29.77%, reaching 38.28 USD, with a market cap of 3.3B USD. Similarly, Reborn Coffee, Inc. declined 21.37%, trading at 3.97 USD, while its market capitalization stood at 14.58M USD.
Huachen AI Parking Management Technology Holding Co., Ltd. lost 20.70%, with shares priced at 4.06 USD, and a market cap of 142.1M USD. The organic and natural products company could not meet its Q2 earnings expectations resulting in the stock’s plunge. However, in the consumer services sector, Bally’s Corporation saw a 20.31% decrease, trading at 14.54 USD, with a market capitalization of 591.09M USD.
Lastly in the retail trade sector Fitell Corporation declined 19.33%, reaching 2.17 USD, with a market cap of 43.67M USD.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.