Tech

Here are the five best and worst performing small cap stocks in August 2022


So far, 2022 has been tough for small-cap stocks. However, these stocks are often more expensive than large-cap stocks, especially during periods of time bull market.

This is because investors are encouraged to put more money into the stock market to benefit from the bull market.

However, the opposite is also true, as small-cap stocks are often more volatile, and as a result, losses can increase if trading goes wrong.

Five best performing small cap stocks in August 2022

We used August earnings data for small-cap stocks (from finviz.com) to show the 5 best and worst performing small cap stocks in August 2022.

Here are the five best performing small-cap stocks in August 2022:

  1. Velo3D (136%)

Founded in 2014 and headquartered in Campbell, California, the company develops and manufactures laser metal sintering printers for 3D printing.

Velo3D Inc (NYSE:VLD) shares are down more than 46% year-to-date but are up nearly 87% over the past three months.

As of the time of this writing, Velo3D stock is trading above $4.10 (52-week range of $1.28 to $13.18), with a market capitalization of over $800 million. la.

  1. Target hotel (145%)

Founded in 1978 and headquartered in The Woodlands, Texas, the company offers rental accommodation, as well as fine dining and value-added hospitality services.

Target Hospitality Corp (NASDAQ:TH) stock is up more than 259% so far and is up nearly 88% over the past three months.

As of this writing, Target Hospitality stock is trading above $12 (52-week range of $2.72 to $15.67), giving it a market cap of over $1.20 billion. .

  1. SKYX Platform (166%)

Founded in 2006 and headquartered in Pompano Beach, Fla., this company develops connected devices that are installed in lighting fixtures and ceiling fans.

Shares of SKYX Platforms Corp (NASDAQ: SKYX) have fallen nearly 1% over the past three months.

As of this writing, SKYX Platforms stock is trading above $3.50 (52-week range of $1.82 to $16.00).

  1. Rhythm Pharmaceuticals (195%)

Founded in 2008 and headquartered in Boston, this company develops and commercializes peptide therapy for the treatment of gastrointestinal diseases and genetic deficiencies.

Shares of Rhythm Pharmaceuticals Inc (NASDAQ:RYTM) are up more than 158% year-over-year and are up nearly 593% over the past three months.

As of this writing, shares of Rhythm Pharmaceuticals are trading above $25 (52-week range $3.04 to $27.29), with a market capitalization of over $1.20 billion. la.

  1. Rex American Resources (238%)

Founded in 1984 and headquartered in Dayton, Ohio, the company invests in alternative energy and ethanol production facilities.

REX American Resources Corp (NYSE:REX) stock is down more than 7% year-to-date and is down nearly 2% over the past three months.

As of this writing, Rex American Resources stock is trading above $29 (52-week range is $24.02 to $37.81), giving it a market cap of over 500 million dollars.

Five worst performing small cap stocks in August 2022

  1. Cardlytics (-40%)

Founded in 2008 and headquartered in Atlanta, the company develops marketing solutions through its purchasing intelligence platform.

Shares of Cardlytics Inc (NASDAQ:CDLX) are down more than 81% year-to-date and down more than 56% over the past three months.

As of this writing, Cardlytics stock is trading above $12.40 (52-week range is $11.96 to $99.47), giving it a market cap of over $400 million. la.

  1. Cassava Science (-45%)

Founded in 1998 and headquartered in Austin, Texas, the company develops new drugs and diagnostics with a focus on Alzheimer’s disease development.

Cassava Science Inc (NASDAQ:SAVA) shares are down more than 42% year-to-date and down nearly 14% in the past three months.

As of the time of this writing, Cassava Sciences stock is trading above $25 (52-week range is $13.84 to $100.00), giving it a market cap. more than 1 billion dollars.

  1. Forge Global Holdings (-50%)

Founded in 2014 and headquartered in San Francisco, the company operates a financial services platform to provide assistance to the private market.

Forge Global Holdings Inc (NYSE:FRGE) shares are down more than 63% year-to-date and down more than 80% in the past three months.

As of this writing, shares of Forge Global Holdings are trading above $3.60 (52-week range is $3.11 to $47.50), which has a more market cap 580 million dollars.

  1. Energy Vault Holdings (-55%)

Founded in 2017 and headquartered in Dover, Del., this company grows sustainable energy storage solutions.

Shares of Energy Vault Holdings Inc (NYSE: NRGV) are down nearly 47% year-to-date and down more than 67% over the past three months.

As of this writing, Energy Vault Holdings stock is trading above $5.20 (52-week range of $3.97 to $22.10), giving it a market capitalization of over $700 million.

  1. Atara Biotherapeutics (-60%)

Founded in 2012 and headquartered in South San Francisco, California, it is an allogeneic T-cell immunotherapy company dedicated to developing transformative therapies for critically ill patients.

Shares of Atara Biotherapeutics Inc (NASDAQ: ATRA) are down more than 71% year-to-date and down nearly 13% in the past three months.

As of this writing, Atara Biotherapeutics stock is trading above $4.40 (52-week range of $2.83 to $20.04), giving it a market cap of over $400 million. .

Originally published on InvestorPlace. Read here.

Featured image credit: Photo by Anna Nekrashevich; Bark; Thank you!

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