NEW YORK, December 8, 2025 – Trading on the NASDAQ saw extreme volatility on Monday, with shares of Top Wealth Group Holdings Limited (TWG) soaring over 271% while Security Matters Public Limited Company (SMX) led the declines with a sharp drop of over 59%. The massive movements came as the broader market indices, including the NASDAQ Composite, ended the day marginally lower.
The key stock movements extracted from the market activity data are as follows:
| Company (Ticker) | Last Price | Change ($) | Change (%) |
|---|---|---|---|
| Top Wealth Group Holdings (TWG) | $22.25 | +$16.25 | +271.16% |
| Orangekloud Technology (ORKT) | $2.49 | +$1.50 | +150.54% |
| Wave Life Sciences Ltd. (WVE) | $19.46 | +$11.69 | +149.30% |
| --- | --- | --- | --- |
| SMX (Security Matters) (SMX) | $135.82 | -$197.88 | -59.09% |
| MHUA (Meihua Intl Medical Tech) | $7.61 | -$6.40 | -45.72% |
TWG Skyrockets on Bullish Profit Outlook
Top Wealth Group Holdings Limited (TWG), a Cayman Islands-incorporated company specializing in premium sturgeon caviar and fine winery products, was the market's biggest gainer, closing up 271.16% at $22.25.
The catalyst for the dramatic surge was the company's recent announcement of a highly optimistic profit forecast for the financial year ending December 31, 2025. TWG expects a net profit of at least $4 million for FY2025, marking a significant turnaround from a $2 million loss reported in the prior year. Management attributed the reversal to ongoing improvements across business operations.
SMX Tumbles, Reversing Previous Rally
In stark contrast, SMX (Security Matters) Public Limited Company saw its shares plummet by 59.09% to close at $135.82. The sharp decline in SMX follows a period of extreme volatility that saw the stock rally significantly in the preceding days.
The previous surge was driven by investor interest in the company's molecular-marking technology, which enables the tracking and authentication of physical materials in supply chains, and news of a substantial equity purchase agreement. Monday’s sharp sell-off suggests a significant pullback as traders took profits, returning volatility to the micro-cap stock.
Notable Gains in Tech and Biotech
Other significant gainers included the Singapore-based technology company, Orangekloud Technology Inc. (ORKT), which climbed 150.54% to $2.49. The company, which focuses on no-code development platforms, has recently announced the launch of its eMOBIQ® AI platform.
Biotech company Wave Life Sciences Ltd. (WVE) also saw a major jump, rising 149.30% to $19.46, likely driven by company-specific updates or clinical data news in the volatile biotechnology sector.
This report summarizes the major movements on the NASDAQ for the close of trade on December 8, 2025, based on publicly available market data and recent news releases from the companies.