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As of 9:59 AM EST, several small cap stocks highlighted volatility as trading began on Friday. Allurion Technologies, Inc. (ALUR) soared by +202.43%, trading at 11.19 USD, with a market cap of 10.03 M USD. The stock has been on a rise after the company announced it would start a clinical study on the combination of certain weight-loss drugs and its Allurion program with the aim of improving muscle mass.
Nvni Group Limited (NVNI) surged +154.36%, priced at 3.79 USD, with a market cap of 49.76 M USD. However, Diginex Limited (DGNX) dropped by −47.92%, with its stock priced at 6.64 USD. The stock was falling after the company announced closing of the initial public offering of 2.25 million shares at $4.10 per share for gross proceeds of about $9.2 million.
PMGC Holdings Inc. (ELAB) gained +64.65%, trading at 3.26 USD, with a market cap of 10.02 M USD. Similarly, Starbox Group Holdings Ltd. (STBX) climbed +39.66%, with a stock price of 0.7124 USD and a market cap of 39.45 M USD.
Lastly, Hyzon Motors Inc. (HYZN) declined by −27.45%, priced at 0.5601 USD, with a market cap of 4.35 M USD.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.