The stock market saw an explosive rally among small-cap and mid-cap names today, with several companies posting double-digit gains. Leading the charge was ZimVie Inc. (ZIMV), which surged a staggering 122.27% to close at $18.76, making it one of the most dramatic single-day moves of the year.
Here’s a look at today’s top gainers:
🔺 ZimVie Inc. (ZIMV) – $18.76 (+122.27%)
ZimVie, a medical technology company focused on dental and spine solutions, skyrocketed after announcing a better-than-expected earnings report and guidance hike for Q3. Investors cheered cost-cutting efforts and growth in international markets.
🔺 Fundamental Global Inc. (FGF) – $27.98 (+52.07%)
Financial holding company FGF rallied sharply, though no specific catalyst was immediately clear. Some analysts cited short squeeze potential and renewed retail investor interest in thin-float financial stocks.
🔺 180 Life Sciences Corp. (ATNF) – $2.81 (+49.47%)
ATNF, a biotech firm, soared after reporting positive pre-clinical data on its fibrosis drug candidate. The company has been under the radar, but today’s surge puts it on biotech investors’ watchlists.
🔺 LM Funding America Inc. (LMFA) – $4.74 (+46.75%)
LMFA, a niche lender and fintech firm, jumped nearly 47% as volume surged. While no breaking news was released, social media chatter and momentum trading likely fueled the rally.
🔺 Offerpad Solutions Inc. (OPAD) – $3.11 (+45.33%)
The real estate tech firm saw big gains after a competitor announced improved housing data and lowered inventory concerns. OPAD may be benefiting from sympathy momentum across proptech stocks.
🔺 Opendoor Technologies Inc. (OPEN) – $3.21 (+42.67%)
Opendoor, a leading iBuyer, continued its comeback run as investors bet on stabilizing mortgage rates and home demand. The stock has been under heavy accumulation in recent weeks.