Small Cap Stocks to Consider - February 02nd

Today, we highlight seven small cap stocks that are capturing attention. According to recent data, these stocks have shown significant trading volumes and potential for growth. The stocks to monitor include ProShares UltraPro Short QQQ, AltC Acquisition, TCTM Kids IT Education, Spring Valley Acquisition, D-Wave Quantum, TeraWulf, and Cyclerion Therapeutics.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ seeks to achieve daily investment results that correspond to three times the inverse of the daily performance of the NASDAQ-100 Index. This index comprises 100 of the top non-financial companies listed on the NASDAQ stock market. As of Friday, shares of SQQQ traded at $29.03, showing increased trading activity with around 73 million shares exchanged. The stock has fluctuated between a low of $27.23 and a high of $64.95 over the last year.

AltC Acquisition (ALCC)

AltC Acquisition Corp. operates as a blank check company aiming to merge with other businesses. Previously known as Churchill Capital Corp VIII, AltC has been making strides in the market. On Friday, the stock price dipped to $41.61 with nearly 27 million shares traded. The shares have seen a range from $10.27 to $18.80 in the past twelve months.

TCTM Kids IT Education (TCTM)

TCTM Kids IT Education focuses on providing STEM education in China. It serves children aged 3 to 18 through online programs. Recently, the stock rose to $0.78, with a stunning trading volume of over 730 million shares, reflecting robust investor interest. TCTM has experienced a range between $0.18 and $2.99 over the last year.

Spring Valley Acquisition (SV)

Spring Valley Acquisition, another notable small cap stock, reached $23.84 during Friday’s trades. The stock's trading volume was about 19 million. Over the past year, it has ranged from a low of $8.56 to a high of $11.23.

D-Wave Quantum (QBTS)

D-Wave Quantum Inc. is at the forefront of developing quantum computing technology. Its products include advanced quantum computers and software tools. D-Wave's stock traded up to $5.94 with over 74 million shares exchanged, maintaining a market cap of $1.6 billion. The stock's price has varied from $0.75 to $11.41 in the last twelve months.

TeraWulf (WULF)

TeraWulf is engaged in bitcoin mining, positioned strategically within the industry. The stock saw a decline to $4.77 on trading with nearly 70 million shares. Its trading history shows a low of $1.55 and a high of $9.30 over the past year.

Cyclerion Therapeutics (CYCN)

Cyclerion Therapeutics is a biopharmaceutical firm focused on therapies for serious diseases. Its shares reached $3.92 on Friday with significant trading volume. The company’s stock has seen prices between $1.27 and $9.47 in the last year.

stocks, smallcap, investing