Wall Street witnessed sharp divergence and heightened risk appetite in Thursday’s session, with speculative microcaps posting extraordinary gains even as mega-cap tech and benchmark ETFs faced selling pressure.
While pockets of the market saw triple- and even quadruple-digit percentage moves, heavyweight names dragged overall sentiment, underscoring a risk-on / risk-off split beneath the surface.
Top Gainers: Speculative Frenzy Takes Over
Microcap and low-float stocks dominated the upside leaderboard:
TechCreate Group (TCGL) surged an astonishing +941%, marking one of the most dramatic single-session moves in recent months
Republic Power Group (RPGL) jumped +174%
Adlai Nortye (ANL) gained +88%
Vivid Seats (SEATW) advanced +84%
Linkers Industries (LNKS) rose +71%
📌 Such outsized moves typically point to thin liquidity, short-covering, or speculative positioning rather than fundamental re-rating.
Top Losers: Brutal Sell-Offs Continue
On the downside, several stocks witnessed severe value erosion:
Quince Therapeutics (QNCX) crashed -91%
TIAN RUIXIANG Holdings (TIRX) fell -91%
Fractyl Health (GUTS) declined -68%
Masonglory (MSGY) dropped -61%
SAIHEAT (SAIHW) slid -55%
📌 The magnitude of declines signals capital exit from high-risk names amid tightening liquidity conditions.
Most Active: Volume Spikes Signal Trader Churn
By Share Volume
ZSL, SOXS, SGN, SLV, and GCTS topped volume charts, highlighting aggressive short-term trading and hedging activity.
By Dollar Volume
Microsoft (MSFT) led turnover but fell nearly 10%, reflecting heavy institutional selling
SPY and QQQ ended lower, indicating broader index pressure
Meta Platforms (META) stood out with a +10% rally, bucking the tech sell-off
Tesla (TSLA) declined over 3%.
