Top Small Cap Stocks To Watch Today – June 6th

ProShares UltraPro Short QQQ, AltC Acquisition, Spring Valley Acquisition, Phathom Pharmaceuticals, Quantum Computing, Winmark, and Direxion Daily TSLA Bear 1X Shares are the seven Small Cap stocks to watch today, according to MarketBeat’s stock screener tool. Small-cap stocks are shares of companies with relatively small market capitalizations—typically between $300 million and $2 billion, though exact thresholds vary by market. Because these firms are less established, their shares can offer higher growth potential but also tend to be more volatile and less liquid than large-cap stocks. Investors often include small caps for diversification and the chance of outsized returns, but should be prepared for greater price swings and company-specific risks. These companies had the highest dollar trading volume of any Small Cap stocks within the last several days.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

Shares of SQQQ traded down $0.78 during mid-day trading on Friday, hitting $22.21. 80,416,190 shares of the stock were exchanged, compared to its average volume of 92,904,211. ProShares UltraPro Short QQQ has a 52-week low of $21.94 and a 52-week high of $57.95. The firm has a 50-day moving average of $31.67 and a two-hundred day moving average of $31.39.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

NYSE:ALCC traded down $1.93 during midday trading on Friday, hitting $47.16. 13,324,772 shares of the company traded hands, compared to its average volume of 723,393. AltC Acquisition has a 12-month low of $10.27 and a 12-month high of $18.80. The firm’s fifty day moving average is $30.69 and its 200-day moving average is $29.93.

Spring Valley Acquisition (SV)

Spring Valley Acquisition stock traded down $0.14 during mid-day trading on Friday, hitting $31.05. The company’s stock had a trading volume of 14,344,177 shares, compared to its average volume of 530,580. Spring Valley Acquisition has a one year low of $8.56 and a one year high of $11.23. The company has a 50 day moving average of $19.83 and a 200-day moving average of $20.92.

Phathom Pharmaceuticals (PHAT)

Phathom Pharmaceuticals, Inc., biopharmaceutical company, focuses on developing and commercializing treatments for gastrointestinal diseases. The company has the rights in the United States, Europe, and Canada for an investigational potassium-competitive acid blocker (P-CAB) that blocks acid secretion in the stomach.

NASDAQ:PHAT traded up $4.84 during midday trading on Friday, hitting $9.53. The stock had a trading volume of 46,447,966 shares, compared to its average volume of 1,376,017. The stock has a 50-day moving average of $4.06 and a 200 day moving average of $5.92. The company has a market capitalization of $665.19 million, a price-to-earnings ratio of -1.70 and a beta of 0.15. Phathom Pharmaceuticals has a one year low of $2.21 and a one year high of $19.71.

Quantum Computing (QUBT)

Quantum Computing Inc., an integrated photonics company, offers accessible and affordable quantum machines. The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure.

QUBT stock traded up $1.68 during midday trading on Friday, reaching $13.51. The stock had a trading volume of 31,050,262 shares, compared to its average volume of 23,280,281. Quantum Computing has a 52-week low of $0.35 and a 52-week high of $27.15. The firm has a fifty day simple moving average of $8.72 and a two-hundred day simple moving average of $9.24. The stock has a market cap of $1.90 billion, a PE ratio of -46.41 and a beta of 3.74.

Winmark (WINA)

Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato’s Closet brand; and operates stores which buys and sells used and new children’s clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand.

Shares of NASDAQ:WINA traded up $2.75 during midday trading on Friday, reaching $431.21. The company’s stock had a trading volume of 794,658 shares, compared to its average volume of 42,784. The stock has a fifty day moving average of $374.97 and a 200 day moving average of $374.20. Winmark has a twelve month low of $295.79 and a twelve month high of $434.87. The firm has a market capitalization of $1.52 billion, a PE ratio of 39.64 and a beta of 0.61.

Direxion Daily TSLA Bear 1X Shares (TSLS)

The Direxion Daily TSLA Bear 1X Shares (TSLS) is an exchange-traded fund that is based on the Tesla, Inc. index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLS was launched on Aug 9, 2022 and is managed by Direxion.

NASDAQ:TSLS traded down $0.53 during mid-day trading on Friday, hitting $8.39. The company’s stock had a trading volume of 34,142,953 shares, compared to its average volume of 8,001,493. The business’s fifty day moving average is $9.37 and its two-hundred day moving average is $9.30. Direxion Daily TSLA Bear 1X Shares has a 1 year low of $6.82 and a 1 year high of $25.14.