{"id":62973,"date":"2025-02-12T10:20:28","date_gmt":"2025-02-12T15:20:28","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=62973"},"modified":"2025-02-12T10:20:28","modified_gmt":"2025-02-12T15:20:28","slug":"stock-market-today-spire-global-plunged-by-48-97-while-xilio-therapeutics-surged-by-102-16-in-early-trading","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/stock-market-today-spire-global-plunged-by-48-97-while-xilio-therapeutics-surged-by-102-16-in-early-trading\/62973\/","title":{"rendered":"Stock market today: Spire Global plunged by 48.97% while Xilio Therapeutics surged by 102.16% in early trading"},"content":{"rendered":"<p><span style=\"font-weight: 400\">As of <\/span><b>10:09 AM EST<\/b><span style=\"font-weight: 400\">, several small cap stocks have exhibited volatility after U.S. inflation rose more than expected in January. In first place, <strong>Spire Global, Inc.<\/strong> dropped <\/span><b>48.97%<\/b><span style=\"font-weight: 400\"> with its stock trading at <\/span><b>$10.13<\/b><span style=\"font-weight: 400\">, bringing its market capitalization to <\/span><b>$512.62 million<\/b><span style=\"font-weight: 400\">. <\/span><b>Spire Global<\/b><span style=\"font-weight: 400\"> said on Tuesday <\/span><span style=\"font-weight: 400\">that there is a \u201csubstantial doubt\u201d about the company\u2019s capacity to continue as a going concern for the next 12 months due to projected cash requirements.\u00a0<\/span><\/p>\n<p><b>Atomera Incorporated<\/b><span style=\"font-weight: 400\"> fell <\/span><b>39.77%<\/b><span style=\"font-weight: 400\"> to <\/span><b>$5.21<\/b><span style=\"font-weight: 400\">, with a market cap of <\/span><b>$149.93 million<\/b><span style=\"font-weight: 400\">. The company\u2019s Q4 revenue report came below expectations contributing to the stock\u2019s decline. However,<\/span><b> Tivic Health Systems, Inc<\/b><span style=\"font-weight: 400\">. rose <\/span><b>98.43%<\/b><span style=\"font-weight: 400\">, trading at <\/span><b>$0.4663<\/b><span style=\"font-weight: 400\">, with a valuation of <\/span><b>$2.22 million<\/b><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><b>Similarweb Ltd. <\/b><span style=\"font-weight: 400\">declined <\/span><b>33.05%<\/b><span style=\"font-weight: 400\">, priced at <\/span><b>$11.24<\/b><span style=\"font-weight: 400\">, with a market capitalization of <\/span><b>$917.49 million<\/b><span style=\"font-weight: 400\">. The stock was plunging on Wednesday after the company reported Q4 revenue loss. However in the health services sector, <\/span><b>Kindly MD, Inc.<\/b><span style=\"font-weight: 400\"> gained <\/span><b>84.14%<\/b><span style=\"font-weight: 400\"> to <\/span><b>$2.62<\/b><span style=\"font-weight: 400\">, with its market cap at <\/span><b>$15.65 million<\/b><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Finally in the health technology sector,<\/span><b> Xilio Therapeutics, Inc.<\/b><span style=\"font-weight: 400\"> surged <\/span><b>102.16%<\/b><span style=\"font-weight: 400\"> to <\/span><b>$1.3282<\/b><span style=\"font-weight: 400\">, with a market valuation of <\/span><b>$30.06 million<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Disclaimer: This article is for informational purposes only and does not constitute any financial advice.\u00a0<\/span><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In first place, Spire Global, Inc. dropped 48.97% with its stock trading at $10.13, bringing its market capitalization to $512.62 million.<\/p>\n","protected":false},"author":433,"featured_media":52437,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[24759,24760,24758,22854,24761],"class_list":["post-62973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-atomera","tag-similarweb","tag-spire-global","tag-tivic-health-systems","tag-xilio-therapeutics"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/433"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=62973"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/62973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/52437"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=62973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=62973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=62973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}