U.S. markets saw sharp divergence on Feb 5, 2026, with extreme volatility concentrated in micro- and small-cap stocks even as heavyweight indices weakened. Lafayette Digital Acquisition (ZKPW) surged +284%, Kelly Services (KELYB) gained +208.6%, and Bone Biologics (BBLGW) climbed +128%, highlighting speculative momentum in low-float names.
On the downside, Decent Holding (DXST) plunged -61.9%, while CollPlant Biotechnologies (CLGN) fell -53.4%, reflecting sharp risk-off moves in select growth and biotech plays.
Trading activity remained elevated, led by SOXS with nearly 967 million shares changing hands, while dollar volumes were dominated by large caps despite declines—SPY (-1.28%), QQQ (-1.44%), NVDA (-1.37%), and TSLA (-2.17%). The session underscored a market split between speculative microcap trading and broader pressure on tech-heavy benchmarks.