Archer Aviation, an electric vertical takeoff and landing (eVTOL) aircraft manufacturer, is one of the small-cap stocks that could benefit from the incoming administration of Donald Trump, according to Freedom Broker. Its analysts have set a target price of $4.80 per share for Archer, implying 23% upside versus the last closing price.

Freedom Broker spotlights Archer Aviation as small cap poised to rally on Trump win

Shares of BioHarvest Sciences, which uses its proprietary botanical synthesis technology to develop therapeutic solutions, advanced close to 12% on the Canadian Securities Exchange (CSE) and almost 14% over the counter in New York on Thursday, November 7. The gains followed the company’s announcement that Nasdaq had approved its listing on its primary burse. BioHarvest’s management believes the listing will broaden its potential shareholder base, increase liquidity, and enhance its public profile compared to the over-the-counter market.

Biotech company BioHarvest advances following Nasdaq listing approval

Quotes on Innodata, a provider of IT services and enterprise software, surged more than 35% in premarket trading today, Friday, November 8. For the third quarter, the company comfortably doubled its top line year over year, while net income came in 43 times the amount in the previous-year period. Innodata also announced that it had secured new Big Tech clients and raised its 2024 revenue guidance, now expecting around 90% year-over-year growth.

Innodata jumps over 30% on strong financials and Big Tech client news

Shares of Viemed Healthcare, a company with a market capitalization of almost $355 million that provides in-home respiratory support, surged almost 16% in after-hours trading on Wednesday, November 6. The gains were attributable to third-quarter financial results, which featured record- and guidance-beating revenue.

Home medical services provider Viemed soars on third-quarter financials

The day after the U.S. election, Wednesday, November 6, the S&amp;P SmallCap 600 hit an all-time high, while the other main small-cap index, the Russell 2000, reached a three-year peak. SentimentTrader analyst Jay Kaeppel notes, as <a href="https://www.marketwatch.com/story/small-cap-stocks-are-ripping-higher-after-trumps-win-what-history-tells-us-might-happen-next-a293d031?&amp;mod=home-page&amp;utm_source=in_materials">reported</a> by MarketWatch, that the near-term question for traders will be whether it’s time to consider allocating away from large caps and into small caps.

Small caps hit record high after Trump victory

Perfect Corp., a developer of AI-based solutions for the beauty and fashion industries, has been <a href="https://scr.zacks.com/news/news-details/2024/PERF-Perfect-Corp-Continues-to-Innovate-and-Win-Over-Consumers/default.aspx?utm_source=in_materials">spotlighted</a> by Zacks Small-Cap Research (Zacks SCR) as being significantly undervalued. Its stock should trade, based on a conservative valuation, at $3.07 per share, indicating nearly 67% upside from the closing price on Tuesday, November 5.

Beauty-tech company Perfect Corp. seen as undervalued, with 70% upside

Futures on the small-cap-tracking Russell 2000 index jumped on election night, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-11-06/small-caps-post-biggest-election-night-move-as-votes-roll-in?embedded-checkout=true&amp;sref=Y0jVLcFo&amp;utm_source=in_materials">reports</a>. Republican presidential candidate Donald Trump jumped out to an early lead before being declared the winner late. Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-11-06/small-caps-post-biggest-election-night-move-as-votes-roll-in?embedded-checkout=true&amp;sref=Y0jVLcFo&amp;utm_source=in_materials">notes</a> that his strong protectionist stance stands to benefit small companies. The day of the election, small caps had closed with big gains.

Small caps surge as Trump victory chances rise

The Russell 2000 and S&amp;P SmallCap 600 indexes, which track the shares of smaller and medium-sized companies, advanced on Monday, November 4. MarketWatch <a href="https://www.marketwatch.com/livecoverage/stock-market-today-dow-futures-steady-while-bonds-rally-on-signs-of-closer-election-race/card/small-cap-stocks-outperform-large-cap-peers-ahead-of-election-day-5mXWgG2bs4wGMA3PywQ6?utm_source=in_materials">reports</a> that small-cap stocks are being buoyed by the U.S. presidential election and the Fed decision this week.

Small-cap indexes outperform the S&amp;P 500 ahead of the U.S. election

Shares of Israeli satellite communications systems maker SatixFy Communications, which has a market <a href="https://www.marketwatch.com/investing/stock/satx?utm_source=in_materials">capitalization</a> of $78 million on the New York Stock Exchange (NYSE), soared more than 17% on Monday, November 4, after the company <a href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0001915403/e818a706-f923-443b-b865-e9e569c45a9c.pdf?utm_source=in_materials">announced</a> a $49 million contract with Telesat, <a href="https://www.telesat.com/?utm_source=in_materials">one of the world’s leading</a> satellite operators.

Satcom SatixFy stock surges on new $49 million contract

Shares of Hong Kong-based ready meal maker DayDayCook (DDC), with a market capitalization on the New York Stock Exchange (NYSE) <a href="https://www.marketwatch.com/investing/stock/ddc?utm_source=in_materials">barely exceeding</a> $4.5 million, slid over 8% on Friday, November 1. This came after an <a href="https://ir.stockpr.com/daydaycook/sec-filings-email/content/0001213900-24-092876/ea021927801ex99-1_ddcenter.htm?utm_source=in_materials">announced</a> shareholder meeting to vote on a reverse stock split and an increase in the number of shares to maintain its listing on the exchange.

Asian food company DDC falls further amid proposed reverse stock split to avoid delisting

Shares of the satellite company Globalstar <a href="https://www.marketwatch.com/investing/stock/gsat?utm_source=in_materials">shot up</a> more than 30% on Friday, November 1, following the company’s <a href="https://investors.globalstar.com/node/15606/html?utm_source=in_materials">announcement</a> of an expanded agreement with iPhone maker Apple. <a href="https://www.barrons.com/articles/globalstar-stock-price-apple-satellite-4288f106?mod=RTA&amp;utm_source=in_materials">reports </a>that the new deal could double Globalstar’s revenue.

Satellite communications company Globalstar jumps over 30% on expanded agreement with Apple

Equillium, a biotech company developing treatments for severe autoimmune diseases, saw its stock price <a href="https://www.marketwatch.com/investing/stock/eq?utm_source=in_materials">plummet</a> almost 38% on Thursday, October 31. The sharp drop followed <a href="https://www.equilliumbio.com/investors/press-releases/news-details/2024/Equillium-Maintains-Rights-to-Itolizumab-Following-Ono-Partnership/default.aspx?utm_source=in_materials">news</a> that Japan’s Ono Pharmaceutical had opted not to exercise its option to purchase rights to Equillium’s experimental drug for organ transplant rejection. In early trading today, Friday, November 1, Equillium shares continued to slide, down another 2.5% as of this writing.