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As of 10:04 AM EST, several small-cap stocks displayed volatility in early trading. At first, Fluence Energy, Inc. dropped 47.55%, trading at 6.86 USD, with a market capitalization of 2.37 billion USD. The company registered a wider first-quarter loss and revealed that it will be cutting its fiscal 2025 revenue guidance “”due to the timing of certain contracts in Australia that the company now expects to sign later this year”.
Blue Hat Interactive Entertainment Technology (BHAT) surged 89.86% to 0.1310 USD, bringing its market cap to 32.43 million USD. However, T2 Biosystems, Inc. (TTOO) fell 28.03%, now trading at 0.1399 USD, with a market cap of 3.92 million USD.
Columbus McKinnon Corporation (CMCO) saw a 41.11% decline, reaching 20.90 USD, and holding a market value of 599.47 million USD. Whereas in the finance sector, Dominari Holdings Inc. (DOMH) jumped 42.61% to 8.78 USD, with a market capitalization of 55.66 million USD. The stock surged after the company announced on Tuesday that Donald Trump Jr. and Eric Trump have joined the company’s advisory board.
Lastly, Hyperfine, Inc. (HYPR) declined 34.43%, trading at 1.10 USD, with a market cap of 79.88 million USD. The stock declined after the announcement of public offerings worth $6 Million.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.