Top Movers and Shakers Today

 Top.Gainers
 
  Top.Gainers
 
Follow  Message
 
 
 
Top.Gainers highlighting the top gainers of the day, providing timely updates and insights on the market's highest achievers.
 

•  10 Oct 2025
 

•   APLD  
   
  +0.38%
•   APM  
   
  0.00%
•   GWH  
   
  -3.03%
•   PWM  
   
  0.00%
•   SWKH  
   
  -0.24%

$APLD emerged as the star performer, surging over 16% after Applied Digital Corporation released fiscal first-quarter 2026 earnings that exceeded expectations and revealed an impressive 84% year-over-year revenue jump. The data center and AI infrastructure play has captured the market's imagination as the company reported blowout results alongside news of an $11 billion lease deal that signals massive growth potential. Trading volume exploded to nearly 96 million shares, more than triple its average, as investors rushed to position themselves in what analysts are calling the latest AI infrastructure stock to catch fire. The company's strong performance is lifting other data center plays in sympathy, creating a broader bullish wave across the AI infrastructure sector. Applied Digital's combination of robust operational execution and strategic positioning in the rapidly expanding AI compute market makes this move particularly noteworthy for traders seeking exposure to artificial intelligence infrastructure buildout.

$GWH posted the most dramatic gain of the session, rocketing an astonishing 138% on extraordinary volume of 273 million shares compared to its typical 607,000 share daily average. This explosive move placed ESS Tech at the top of the NASDAQ 100 pre-market most active list, suggesting significant news or developments drove the unprecedented trading activity. The energy storage technology company appears to have caught the attention of momentum traders and institutional players alike, with the volume surge indicating genuine interest rather than just a technical squeeze. When a stock moves this dramatically on such massive volume relative to its norm, it often signals either a major corporate development, partnership announcement, or shift in the company's fundamental outlook that warrants serious attention from the trading community.

$SWKH climbed 17% after SWK Holdings Corporation announced it will be acquired by Runway Growth Finance Corp in a strategic NAV-for-NAV merger transaction. The deal structure, with the purchase price based on net asset value, provides clarity on valuation and removes uncertainty for shareholders. Trading volume surged to nearly 758,000 shares from a typical 9,000 daily average, reflecting the market's immediate positive response to the acquisition terms. For traders who owned shares, this represents a successful outcome with a clear path to liquidity, while the dramatic volume increase suggests arbs and deal traders are evaluating the spread and timing dynamics of the transaction.

$PWM gained nearly 14% on news that Prestige Wealth Inc signed and closed approximately $150 million in financing for Aurelion Treasury, which will initiate NASDAQ's first Tether Gold Treasury. The company plans to rename itself Aurelion Inc subject to approvals, with the financing anchored by Antalpha and structured as a $100 million private placement. Volume exploded to over 51 million shares compared to an average of just 262,000, indicating strong institutional interest in this innovative financing structure. The move into cryptocurrency-backed treasury products represents a unique positioning in the digital asset space, and the successful close of such substantial financing at attractive terms suggests growing institutional acceptance of gold-backed stablecoin strategies.

$TIRX suffered the session's worst decline, plummeting 45% after TIAN RUIXIANG Holdings announced a $3 million registered direct offering of ordinary shares with institutional investors. The market's brutal reaction reflects deep concerns about dilution, with existing shareholders facing significant ownership reduction from the capital raise. Volume nearly tripled to 749,000 shares as investors rushed to exit positions ahead of the new share issuance. This type of move serves as a stark reminder of how quickly shareholder value can erode when companies pursue equity financing without adequate justification or at terms the market views as unfavorable.

$APM dropped 30% after Aptorum Group Limited announced up to a $6 million registered direct offering, structured as $2 million upfront with up to an additional $4 million from potential warrant exercises. The market punished the biotech company's shares as traders anticipated the dilutive impact of the new equity issuance. Volume quadrupled to 1.73 million shares as selling pressure intensified, demonstrating how quickly sentiment can turn negative when companies tap the equity markets. The warrant structure adds additional overhang concerns, as future exercises could create further dilution if the stock manages to recover.

$XBIO fell 31% after Xenetic Biosciences priced a $4.5 million offering of common stock, with shares declining more than 14% in initial trading before accelerating lower. The biotech sector continues to face challenges in accessing capital markets on favorable terms, and this offering appears to have been priced at levels that existing shareholders view as punitive. The market's harsh reaction underscores the difficult funding environment facing smaller biotechnology companies that need capital to advance their development programs but face investor skepticism about future prospects.

$VNRX declined 22% after VolitionRx priced an underwritten public offering of 11.55 million shares and warrants at $0.52 per set in a $6 million capital raise. The epigenetics company's decision to tap the equity markets triggered immediate selling as traders calculated the dilutive impact of adding nearly 12 million new shares to the float. Volume surged to nearly 2 million shares, eight times the normal daily average, as existing shareholders headed for the exits while opportunistic traders evaluated whether the post-offering price represented value.

$USNA dropped 23% despite USANA Health Sciences reporting better-than-expected second quarter results, suggesting that either the guidance disappointed or investors are concerned about forward-looking dynamics in the health and wellness products sector. The decline on better earnings highlights the importance of looking beyond headline numbers to understand market reactions, as traders often focus more heavily on future expectations than historical performance.

View All Headlines