The U.S. SEC has initiated and settled legal proceedings against Howard Jonas, the founder of communications and payments fintech company IDT Corporation. Jonas is said to have failed to promptly disclose his stock holdings in four companies, including IDT.

SEC accuses IDT founder of failing to file disclosures on time

Wells Fargo analysts <a href="https://www.investing.com/news/stock-market-news/now-its-time-for-a-nearterm-smallcap-trade-wells-fargo-3640462">believe</a> that the tight U.S. presidential race, combined with favorable economic conditions, presents an attractive opportunity for a near-term small-cap trade. They expect a 5-10% outperformance by small caps versus the market if Trump wins.

Wells Fargo sees ‘compelling opportunity’ for near-term small-cap trade 

Quotes on Gryphon Digital Mining, a company with a market capitalization of $29.5 million that brands itself as a carbon-neutral Bitcoin miner, <a href="https://finance.yahoo.com/quote/GRYP/">surged</a> more than 19% on Friday, September 27. This came on the <a href="https://ir.gryphondigitalmining.com/news-events/press-releases/detail/32/gryphon-digital-mining-announces-sim-salzman-to-continue-as-chief-financial-officer">news</a> that its CFO, who had been "instrumental in taking it public," had decided to continue in his role, despite an early-August <a href="https://ir.gryphondigitalmining.com/news-events/press-releases/detail/23/gryphon-digital-mining-announces-cfo-transition">announcement</a> of his upcoming departure.

Bitcoin miner Gryphon surges more than 19% after CFO decides to stay on

Achieve Life Sciences, a company with a market capitalization of about $164 million developing the world’s first treatment for vaping addiction, has <a href="https://ir.achievelifesciences.com/sec-filings/all-sec-filings/content/0000950170-24-110066/achv-20240927.htm">announced</a> it may sell up to $50 million in stock. The market price <a href="https://www.marketwatch.com/investing/stock/achv">fell</a> almost 4% in after-hours trading on Friday, September 27, reversing strong gains during the day.

Vaping addiction drug developer Achieve to sell up to $50 million of stock

As more consumers prefer buying ready-to-eat meals, Mordor Intelligence <a href="https://www.mordorintelligence.com/ru/industry-reports/ready-to-eat-food-market">expects</a> this market to reach $402.9 billion in 2024 and $512.7 million by 2029. It is in this segment that a small company called Mama’s Creations is building its business. Having started out selling dishes based on recipes of its cofounder’s Italian grandmother, it has set its sights on $1 billion in revenue, a tenfold increase. Since the beginning of the year, Mama’s Creations stock has gained more than 50%, and analysts <a href="https://www.marketwatch.com/investing/stock/mama/analystestimates?mod=mw_quote_tab">believe</a> there is still room for further gains.

Can Mama's Creations monetize an Italian grandma’s recipes to the tune of $1 billion a year?

Stockholm city officials have <a href="https://hayppgroup.com/news/haypp-group-to-appeal-licensing-committee-decision-to-revoke-sales-permit-for-traditional-snus-in-sweden-during-an-appeal-operations-will-continue-as-usual/">revoked</a> the sales permit for traditional snus of a Haypp Group subsidiary, thus affecting a fifth of the company’s total sales. Following the news, Haypp shares on the Nasdaq First North Growth Market, a platform for smaller European companies, plunged 7%.

Haypp Group shares drop after subsidiary loses snus sales license

Shares of Lightwave Logic, a company developing data transmission solutions, <a href="https://finance.yahoo.com/quote/LWLG/">surged</a> more than 6% on Tuesday, September 24. This came after the company <a href="https://www.pressviewer.com/ViewEmail.asp?b=2586&amp;id=320916&amp;p=2341883&amp;I=1456003-g9f8b7r4N7">announced</a> a partnership with Swiss-based Polariton Technologies to create a compact, ultra-high bandwidth device for data centers, which require advanced solutions to support AI and machine learning applications.

Lightwave Logic shares rise on news of latest collaboration

Common shares of LifeMD, a telehealth company offering virtual primary and specialized care, <a href="https://finance.yahoo.com/quote/LFMD/">fell</a> almost 3% in after-hours trading on Tuesday, September 24. This drop followed the <a href="https://ir.lifemd.com/press-release-details.php?newsId=2952592">announcement</a> that the company will pay dividends to holders of its cumulative preferred shares, which are <a href="https://www.investopedia.com/terms/c/cumulative_preferred_stock.asp">entitled</a> to previously missed dividends before other types of shares receive payouts.

LifeMD dips after preferred stock dividend announced

As the Magnificent Seven stocks benefit from the AI boom, shares of smaller companies are volatile, which makes them more attractive for long-term investors, <a href="https://www.royceinvest.com/insights/2024/3Q24/tech-talk-joe-hintz-on-3-core-small-cap-holdings">argues</a> Joe Hintz, a portfolio manager at the Royce Small-Cap Total Return Fund (which primarily invests in small-cap stocks that pay dividends). In a blog post, he highlighted three "core" small-cap holdings .

Royce fund names three ‘core’ IT stocks from its portfolio worth watching

Quotes on hearing implant developer Envoy Medical jumped more than 6% on Monday, September 23. The updated AirPods Pro 2, which can double as hearing aids, could be a positive development for Envoy as they could potentially work in concert with the company’s fully implanted devices, <a href="https://files.constantcontact.com/efaa328b901/afd7d43e-44cf-434c-8140-adc64e13d674.pdf">said</a> Glen Taylor, a major Envoy Medical investor and the owner of two NBA teams.

Envoy shareholders see Apple entering hearing technology market as positive news

The little-known German company SÜSS Microtec holds more than half of the market for a critical technology used in Nvidia chip production, Jefferies stated on Monday, September 23. Last week, the investment bank referred to the company as the "Nvidia of Europe" and suggested that its shares could rise another 34%. SÜSS produces equipment for chip manufacturing, which is used by industry leader TSMC (Taiwan Semiconductor Manufacturing Co). SÜSS shares rose 2% on Monday and have increased 104% this year—close to Nvidia’s performance.

Jefferies looks at the 'Nvidia of Europe' in critical chip market

Freedom Broker has highlighted six small caps that investors should consider, with upside reaching 400%. Meanwhile, they caution that portfolios should be diversified to minimize risks.

Small caps