Friday's session delivered a classic micro-cap rollercoaster, with extreme volatility concentrated in low-priced, low-float names. The average top gainer surged 42.89%, while the average loser plunged 45.97%, reflecting a market of high-stakes speculation rather than broad thematic moves.
Key Points
- Abits Group Inc. (ABTS) led all advancers, rocketing 86.49% to $3.73 on no immediately clear catalyst.
- Fujian Blue Hat Interactive (BHAT) was the day's biggest casualty, collapsing 74.26% to $0.11.
- Of the 20 biggest movers, 18 traded on the NASDAQ and 14 were priced under $5, highlighting the day's speculative, small-cap character.
- The moves occurred against a mixed macro backdrop, with major indices attempting to stabilize after a volatile week.
Gainers: Low-Float Frenzy
Abits Group Inc. (ABTS) exploded 86.49%, adding $1.73 to close at $3.73. The cryptocurrency mining and AI infrastructure firm saw massive volume, but a definitive news catalyst was not immediately apparent. Such moves are typical for micro-caps with limited public float, where even modest buying pressure can trigger parabolic rallies.
Real Messenger Corporation (RMSG) followed, jumping 50.20% to $0.89. The communications software company also had no confirmed news driving the surge.
Top 10 Gainers
| Stock | Price | Change | Catalyst |
|---|---|---|---|
| ABTS (Abits Group Inc.) | $3.73 | +86.49% (+$1.73) | driving factors unclear |
| RMSG (Real Messenger Corporation) | $0.89 | +50.20% (+$0.30) | no confirmed news catalyst |
| MGRX (Mangoceuticals, Inc.) | $0.53 | +48.83% (+$0.17) | catalyst not immediately clear |
| CETY (Clean Energy Technologies, Inc.) | $0.77 | +37.88% (+$0.21) | catalyst not immediately clear |
| RXT (Rackspace Technology, Inc.) | $1.68 | +37.14% (+$0.46) | driving factors unclear |
| AIOS (NiSun International Enterprise Development Group Co., Ltd. Class A) | $0.62 | +37.09% (+$0.17) | no specific catalyst identified |
| RNG (RingCentral, Inc.) | $39.50 | +34.40% (+$10.11) | catalyst not immediately clear |
| TNDM (Tandem Diabetes Care, Inc.) | $24.57 | +32.67% (+$6.05) | no confirmed news catalyst |
| NCI (Neo-Concept International Group Holdings Limited) | $5.95 | +32.52% (+$1.46) | no specific catalyst identified |
| ZEO (Zeo Energy Corp.) | $1.30 | +31.63% (+$0.31) | no specific catalyst identified |
Losers: Brutal Reversals
The sell-side was even more severe. Fujian Blue Hat Interactive Entertainment Technology Ltd. (BHAT) was decimated, falling 74.26% to $0.11. The Chinese mobile gaming and toy company's plunge also lacked an immediate public catalyst, suggesting possible internal developments or a rapid unwind of a prior rally.
Eureka Acquisition Corp (EURKR), a special purpose acquisition company, cratered 56.55% to $0.20. SPACs are notoriously volatile as they approach deal deadlines or face liquidation.
Top 10 Losers
| Stock | Price | Change | Catalyst |
|---|---|---|---|
| BHAT (Fujian Blue Hat Interactive Entertainment Technology Ltd.) | $0.11 | -74.26% ($-0.33) | catalyst not immediately clear |
| EURKR (Eureka Acquisition Corp) | $0.20 | -56.55% ($-0.26) | no specific catalyst identified |
| VEEE (Twin Vee Powercats Co.) | $0.45 | -51.92% ($-0.49) | catalyst not immediately clear |
| GRAL (GRAIL, Inc.) | $50.21 | -50.55% ($-51.32) | catalyst not immediately clear |
| WSHP (WeShop Holdings Limited Class A Ordinary Shares) | $22.53 | -45.05% ($-18.47) | no confirmed news catalyst |
| TRNR (Interactive Strength Inc.) | $0.24 | -43.32% ($-0.19) | no confirmed news catalyst |
| AIDX (20/20 Biolabs, Inc. Common Stock) | $14.78 | -38.04% ($-9.07) | no specific catalyst identified |
| ABP (Abpro Corporation) | $0.52 | -34.76% ($-0.28) | no specific catalyst identified |
| VHUB (VenHub Global, Inc. Common Stock) | $1.99 | -33.44% ($-1.00) | no confirmed news catalyst |
| KNRX (KNOREX LTD.) | $1.63 | -31.80% ($-0.76) | catalyst not immediately clear |