PTC Therapeutics, Inc.

Strategy Inc

Sandisk Corporation

Quotes of chipmaker SanDisk <a href="https://finance.yahoo.com/quote/SNDK/">jumped</a>&nbsp;in extended trading yesterday, November 24, and early today, November 25. The rally followed <a href="https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20251124-1480959/1480959_ipg-pinc-hbi-56.pdf">news</a>&nbsp;that the company will leave the S&amp;P SmallCap 600 index on Friday, November 28, to join the S&amp;P 500. SanDisk received an independent listing only in February. Since then, its shares have risen more than 500%, with its market capitalization approaching $33.3 billion. This is why investment bank Stephens <a href="https://www.marketwatch.com/story/the-s-p-500s-next-addition-could-be-this-red-hot-tech-stock-e8374457?mod=home_lead">calls</a>&nbsp;it an “elephant” in the small-cap index.

Small cap 'elephant' SanDisk moved to S&P 500; shares rally

Alico, Inc.

Blue Bird Corporation

The shortened trading week looks unlikely to deliver major corporate events, with investors instead turning their attention to the final wave of quarterly earnings, September retail sales data, and the latest consumer confidence figures. Nevertheless, below is a look at what will be important in the small-cap universe this week, November 24-28.

This week for small caps: Blue Bird and Alico report amid shifting Fed expectations

Ubisoft Entertainment SA

Quotes of Ubisoft Entertainment <a href="https://finance.yahoo.com/quote/UBI.PA/">jumped</a>&nbsp;15% in Paris today, November 24, marking the <a href="https://www.bloomberg.com/news/articles/2025-11-24/ubisoft-jumps-after-tencent-completes-1-16-billion-investment?embedded-checkout=true">sharpest intraday move</a> in nearly a year. The company <a href="https://staticctf.ubisoft.com/8aefmxkxpxwl/75tVaQDaf9A5X8N97roq4K/5fc21239bb19bfc7ee1a8599a216e1fc/Closing_press_release_21.11.25_EN.pdf">said</a>&nbsp;it had received a previously <a href="https://staticctf.ubisoft.com/8aefmxkxpxwl/1uPFqvuRRej3UoemTIgVLH/8e0cf5b6601e9394e5dae919d89e84f4/2025.03.27_-_Press_Release_vfinal.pdf">agreed upon</a> EUR1.16 billion cash investment from Tencent Holdings, funds it needs for the early repayment of loans after the company was found to be in breach of a loan agreement.

Ubisoft sees biggest intraday rise in a year as Tencent investment closes

Quotes of Ubisoft Entertainment, the developer behind Assassin’s Creed, Avatar: Frontiers of Pandora, and Star Wars Outlaws, jumped more than 11% today, November 21, the first day after trading resumed. A week earlier, the company had itself <a href="https://staticctf.ubisoft.com/8aefmxkxpxwl/2A1sQVfdyeqe6FVBzu564u/1210887eef5e1047803696e934f993f0/Ubisoft_press_release_13_11_2025_EN_vF.pdf">requested</a>&nbsp;a suspension, following the identification of reporting issues that <a href="https://www.bloomberg.com/news/articles/2025-11-21/ubisoft-results-delay-came-after-sales-restatement-loan-breach?embedded-checkout=true">led</a>&nbsp;to a breach of its credit agreement and delayed the publication of financial results.

Ubisoft surges after results released, trading resumes

Victoria's Secret & Co.

Once the most popular lingerie store in the U.S. has been in crisis for almost a decade. The market capitalization of Victoria’s Secret is slightly over $2.5 billion now, whereas investors have <a href="https://www.cnbc.com/2025/11/12/skims-5-billion-valuation-funding-round.html">valued</a>&nbsp;Kim Kardashian’s underwear brand Skims at $5 billion.

Victoria’s Secret's turnaround has analysts warming to the story


Plug Power Inc.

Investors should take a closer look at Plug Power, a small cap that develops hydrogen fuel systems, but the risks are substantial, <a href="https://www.fool.com/investing/2025/11/20/is-plug-power-a-hidden-ai-power-play/">writes</a>&nbsp;Motley Fool analyst Matt DiLallo. Data centers require enormous amounts of power to support AI development, and Plug Power sees an opening in that market. However, its weak financial position could prevent it from taking full advantage of the opportunity, he cautions.

Motley Fool calls Plug Power a 'hidden AI power play', flags weak financial profile

Semrush Holdings, Inc.

Adobe Inc.

Semrush, a small cap that owns a search-engine optimization and marketing platform used by Amazon, TikTok, and other companies, <a href="https://finance.yahoo.com/quote/SEMR/">soared</a>&nbsp;74% yesterday, November 19, after it broke that Adobe will acquire Semrush the company at a premium. Needham <a href="https://www.investing.com/news/analyst-ratings/needham-downgrades-semrush-stock-to-hold-following-adobe-acquisition-93CH-4368652">cut</a>&nbsp;its rating to “hold,” saying the stock now offers limited upside.

Shares of software provider Semrush jump 74% as Adobe to acquire company for $1.9 bln

Energy Vault Holdings, Inc.

Microvast Holdings, Inc.

Eos Energy Enterprises, Inc.

The global clean energy sector is significantly outperforming the broader market in 2025, with the S&amp;P Global Clean Energy Transition Index <a href="https://www.hanwha.com/newsroom/news/feature-stories/iea-world-energy-investment-report-2025-where-is-global-capital-flowing.do#:~:text=Clean%2520energy%2520continues%2520to%2520dominate%252C%2520attracting%2520%25242.2%2520trillion%2520in%2520global%2520investment%2520%25E2%2580%2594%2520more%2520than%2520double%2520that%2520of%2520fossil%2520fuels.">up about 39% year to date</a> as of October 1. For comparison, the MSCI World has gained about 16% over the same period.

Betting on green energy: The small caps emerging as the biggest winners

Energizer Holdings, Inc.

Shares of small cap Energizer Holdings, the owner of the namesake battery brand, plunged yesterday, November 18, to their lowest level on record. Trump's tariffs are <a href="https://www.marketwatch.com/story/energizers-stock-is-having-its-worst-day-ever-as-tariffs-prove-a-drain-on-profits-b74b52bb?mod=newsviewer_click_seemore">eroding</a>&nbsp;profits, while consumer demand remains weak, the company said in its fiscal-fourth-quarter earnings release.

Energizer plunges to record low as tariffs and weak demand hit earnings

Beam Global

Freedom Broker has cut its target price on Beam Global by nearly 17% but continues to recommend buying the stock. Beam, whose EV charging systems are <a href="https://beamforall.com/beam-customers/">used</a>&nbsp;by such customers as Google and NASA, has lost roughly half of its revenue amid Trump’s energy policy shifts and has gone into the red. To compensate, the company is pursuing new markets where it expects to compete for as much as $1 trillion in sustainable-infrastructure spending.

Freedom lowers TP on clean-tech company Beam Global but keeps 'buy' after 3Q results

Quantum Computing Inc.

IonQ, Inc.

D-Wave Quantum Inc.

Motley Fool analyst says do not overpay for Quantum Computing right now

LifeMD, Inc.

Novo Nordisk A/S

Shares of telemedicine platform LifeMD <a href="https://finance.yahoo.com/quote/LFMD/">plunged</a>&nbsp;25% in early trading this morning, November 18. The company’s quarterly results came in weaker than Wall Street expected, and the management also lowered its revenue outlook for the year. The stock was not supported even by an agreement with Novo Nordisk that LifeMD <a href="https://ir.lifemd.com/press-release-details.php?newsId=3189112#:~:text=%D1%8D%D1%82%D0%BE%20%D1%81%D0%B0%D0%BC%D0%B0%D1%8F%20%D0%BD%D0%B8%D0%B7%D0%BA%D0%B0%D1%8F%20%D1%86%D0%B5%D0%BD%D0%B0%20%D0%BD%D0%B0%D0%BB%D0%B8%D1%87%D0%BD%D1%8B%D0%BC%D0%B8%20%D0%B2%20%D1%81%D1%82%D1%80%D0%B0%D0%BD%D0%B5%20%E2%80%94%20%D0%B7%D0%B0%20%D0%B4%D0%B2%D0%B5%20%D0%BF%D0%BE%D0%BA%D1%83%D0%BF%D0%BA%D0%B8%20%D0%B4%D0%BB%D1%8F%20%D0%BD%D0%BE%D0%B2%D1%8B%D1%85%20%D0%BF%D0%B0%D1%86%D0%B8%D0%B5%D0%BD%D1%82%D0%BE%D0%B2.">announced</a>&nbsp;earlier in the day yesterday. Under its terms, the platform will sell the pharma giant’s best-selling drugs Wegovy and Ozempic at “the lowest cash-pay pricing available nationwide.”

Small caps