Global equity markets saw sharp volatility on March 5, with several U.S.-listed stocks posting dramatic gains and steep losses, while mega-cap technology names dominated trading activity.
Among the biggest gainers, Trio Petroleum Corp. (TPET) surged 84.92%, leading the list of advanced stocks. Bleichroeder Acquisition Corp. (BBCQW) climbed 83%, while Turbo Energy S.A. (TURB) rose 79.76%. Other notable gainers included Taboola.com Ltd. (TBLAW), up 79%, and Origin Materials Inc. (ORGNW), which gained 71.87%.
On the downside, Cresud S.A.C.I.F. y A. (CRESW) suffered the steepest fall, plunging 64.28%. Ouster Inc. Warrants (OUSTZ) dropped 58.69%, while CIMG Inc. (IMG) declined 56.08%. Medicus Pharma Ltd. (MDCX) slipped 50.87%, and Veea Inc. (VEEAW) fell 46.6%, highlighting significant sell-offs in select small-cap and warrant-linked stocks.
Trading activity remained intense across several counters. By share volume, Blue Hat Interactive Entertainment Technology (BHAT) topped the chart with over 1.47 billion shares traded, followed by Trio Petroleum (TPET) with more than 370 million shares. Mobix Labs (MOBX), Elong Power Holding (ELPW), and Quince Therapeutics (QNCX) also witnessed heavy volume.
Meanwhile, in dollar-volume trading, large-cap technology and index ETFs dominated. SPDR S&P 500 ETF (SPY) and Invesco QQQ Trust (QQQ) saw significant turnover despite mild declines. Semiconductor giant NVIDIA (NVDA) edged higher, while Broadcom (AVGO) recorded a strong gain of nearly 4.8%, emerging as one of the day’s key large-cap performers. Tesla (TSLA) traded slightly lower amid broader market caution.
Market experts note that such sharp moves in small-cap stocks often reflect speculative trading and liquidity-driven momentum, while institutional flows remain concentrated in major technology stocks and index-linked ETFs.
