U.S. equities saw significant volatility in individual names on Thursday, with several micro- and small-cap stocks posting outsized moves, while major ETFs and large-cap technology names dominated trading activity.
Data as of Feb. 20, 2026 (10:48 PM ET).
Most Advanced
Small-cap and emerging technology stocks led the session’s percentage gainers:
Abits Group Inc. (ABTS) soared 75.11%, marking the day’s biggest advance.
Wearable Devices Ltd. (WLDSW) jumped 69.81%.
MultiSensor AI Holdings (MSAIW) gained 57.74%.
Heartbeam, Inc. (BEATW) rose 50.43%.
Real Messenger Corp. (RMSG) climbed 50.20%.
The gains suggest speculative momentum and elevated retail participation in lower-priced equities.
Most Declined
On the downside, several names recorded steep losses:
Blue Hat Interactive Entertainment (BHAT) tumbled 74.26%, the sharpest decline of the session.
BriaCell Therapeutics (BCTXW) dropped 53.33%.
Twin Vee PowerCats Co. (VEEE) fell 51.92%.
GRAIL, Inc. (GRAL) declined 50.55%.
WeShop Holdings (WSHP) slid 45.05%.
The magnitude of declines indicates heavy selling pressure in select speculative counters.
Most Active – By Share Volume
Trading volume was concentrated in leveraged ETFs and low-priced equities:
Direxion Daily Semiconductor Bear ETF (SOXS) traded over 754 million shares, down $0.05 to $1.70.
Mangoceticals, Inc. (MGRX) saw 342 million shares exchanged, rising $0.1739 to $0.53.
Rackspace Technology (RXT) advanced to $1.68 on volume exceeding 204 million shares.
ProShares UltraShort Silver (ZSL) declined to $2.02.
Blue Hat Interactive (BHAT) also featured among the most actively traded names following its steep drop.
Most Active – By Dollar Volume
Large-cap ETFs and tech giants dominated dollar turnover:
SPDR S&P 500 ETF Trust (SPY) rose 0.72% to $689.42.
Invesco QQQ Trust (QQQ) gained 0.88% to $608.81.
NVIDIA Corp. (NVDA) climbed 1.02% to $189.82.
Tesla Inc. (TSLA) edged up 0.03% to $411.82.
Alphabet Inc. (GOOGL) advanced 4.01% to $314.98, one of the stronger moves among mega-cap tech.
Market Takeaway
While headline indices saw steady activity, the session was marked by sharp swings in smaller-cap stocks alongside sustained institutional flow into major index ETFs and large-cap technology shares. The divergence highlights continued risk appetite in both speculative and blue-chip segments of the market.
