March 2025 Stock Losers on News, Micro Caps Included
Ranked by the close-to-close change of the trading session each announcement landed in. How this is measured.
Data as of the trading session of , 20 of 21 completed market sessions produced ranked moves. That date is the last ranked session, not the last priced one, so follow-through dates run later.
On 100 of these rows the measured session was reconstructed from the announcement time, because it predates our stored session records.
Whole board, unfiltered
100
Ranked drops
-77.14%
Largest, ACON
96.9%
Below baseline, day +5
11.1%
Median deeper below baseline, day +5
Filter and sort
100 ranked drops in March 2025
Skip the ranked rows and go to the month summaryEvery percentage on a row, the follow-through readings included, is measured against that row's own pre-news close, which the row names. A day +5 reading is therefore the move from before the announcement, not a further change on top of the headline percentage.
| Rank | Symbol | close to close | Session | Catalyst | Announcement | from the pre-news close |
|---|---|---|---|---|---|---|
| 1 | ACON under $25M today Also on the opposite board this month on both boards | -77.14% |
against the close of 2025-03-05
session reconstructed
Session detail |
Other Announcement |
Aclarion Announces Expansion Plans with RadNet Affiliates in New York and New Jersey
09:35 ET intraday |
Five sessions later the drop was 16.9% bigger, at -90.21%. Month end -94.29% on 2025-03-31 |
| 2 | NOVA | -64.25% |
against the close of 2025-02-28
session reconstructed
Session detail |
Earnings |
Sunnova Reports Fourth Quarter and Full Year 2024 Financial Results
06:09 ET premarket |
Five sessions later the drop was 7.9% bigger, at -69.33%. Month end -77.59% on 2025-03-31 |
| 3 | CUTR under $25M today Also on the opposite board this month on both boards | -63.26% |
against the close of 2025-03-04
session reconstructed
Session detail |
Other Announcement |
Cutera Takes Steps to Strengthen Financial Foundation and Position the Company for Long-Term Success
07:10 ET premarket |
Five sessions later the drop was 9.4% bigger, at -69.18%. Month-end is not shown: no closing price is available for 2025-03-31. |
| 4 | NVNI under $25M today release reads positive | -63.00% |
against the close of 2025-02-28
session reconstructed
Session detail |
Other Announcement Release reads positive, stock fell 63.00% |
Nvni Group Engages MZ Group to Lead Investor Relations and Shareholder Communications Program
08:30 ET premarket |
Five sessions later the drop was 15.1% bigger, at -72.53%. Month end -78.79% on 2025-03-31 |
| 5 | DTC | -62.87% |
against the close of 2025-03-11
session reconstructed
Session detail |
Earnings |
Solo Brands, Inc. Announces Fourth Quarter and Fiscal Year 2024 Results
07:00 ET premarket |
Five sessions later the drop was 2.8% bigger, at -64.63%. Month end -74.38% on 2025-03-31 |
| 6 | MURA | -61.62% |
against the close of 2025-03-24
session reconstructed
Session detail |
Clinical Trial Results |
Mural Oncology Provides Update on Phase 3 ARTISTRY-7 Trial of Nemvaleukin in Combination with KEYTRUDA® (pembrolizumab) in Patients with Platinum-Resistant Ovarian Cancer
06:30 ET premarket |
Five sessions later the drop was 9.7% bigger, at -67.62%. Month end -67.10% on 2025-03-31 This month ended before the fifth session after the move. |
| 7 | MIST | -60.89% |
against the close of 2025-03-27
session reconstructed
Session detail |
FDA & Regulatory |
FDA Issues Complete Response Letter for Etripamil for PSVT
07:00 ET premarket |
Five sessions later the drop was 13.5% bigger, at -69.08%. Month end -64.44% on 2025-03-31 This month ended before the fifth session after the move. |
| 8 | PLRX | -59.88% |
against the close of 2025-02-28
session reconstructed
Session detail |
Clinical Trial Results |
Pliant Therapeutics Provides Update on BEACON-IPF, a Phase 2b/3 Trial in Patients with Idiopathic Pulmonary Fibrosis
09:27 ET premarket |
2.4% of the drop was recovered five sessions later. Month end -60.76% on 2025-03-31 |
| 9 | TDTH | -59.65% |
against the close of 2025-03-26
session reconstructed
Session detail |
Buyback / Dividend |
Trident Announces $1,000,000 Share Repurchase Program
04:00 ET premarket |
Five sessions later the drop was 43.3% bigger, at -85.47%. Month end -77.09% on 2025-03-31 This month ended before the fifth session after the move. |
| 10 | AGMH under $25M today | -59.53% |
against the close of 2025-02-28
session reconstructed
Session detail |
Offering / Dilution |
AGM Group Holdings Inc. Announces Pricing of $5.4 Million Public Offering
22:15 ET after hours |
Five sessions later the drop was 1.5% bigger, at -60.44%. Month end -85.82% on 2025-03-31 |
| 11 | ME Also on the opposite board this month on both boards | -59.22% |
against the close of 2025-03-21
session reconstructed
Session detail |
Other Announcement |
23andMe Initiates Voluntary Chapter 11 Process to Maximize Stakeholder Value Through Court-Supervised Sale Process
23:08 ET after hours |
Month-end is not shown: no closing price is available for 2025-03-31. |
| 12 | LXRX Also on the opposite board this month on both boards | -58.17% |
against the close of 2025-02-28
session reconstructed
Session detail |
Clinical Trial Results |
Lexicon Pharmaceuticals to Announce Topline Results from Phase 2b PROGRESS Study Evaluating Pilavapadin (LX9211) in Adults with Diabetic Peripheral Neuropathic Pain
16:13 ET after hours |
15.3% of the drop was recovered five sessions later. Month end -34.12% on 2025-03-31 |
| 13 | BON under $25M today More than one ranked move this month 2+ ranked moves | -57.46% |
against the close of 2025-03-14
session reconstructed
Session detail |
Offering / Dilution |
Bon Natural Life Limited Announces Pricing of $12 Million Best Efforts Offering
09:00 ET premarket |
Five sessions later the drop was 56.0% bigger, at -89.65%. Month end -93.51% on 2025-03-31 |
| 14 | PSTV More than one ranked move this month Also on the opposite board this month 2+ ranked moves on both boards | -54.21% |
against the close of 2025-03-03
session reconstructed
Session detail |
Offering / Dilution |
Plus Therapeutics Secures Private Placement of Approximately $15 Million in Gross Proceeds
14:06 ET intraday |
It recovered the whole drop and closed 116.67% above the pre-news price. Month end +43.95% on 2025-03-31 |
| 15 | TNYA | -53.53% |
against the close of 2025-03-03
session reconstructed
Session detail |
Offering / Dilution |
Tenaya Therapeutics Announces Proposed Public Offering
16:10 ET after hours |
19.7% of the drop was recovered five sessions later. Month end -39.79% on 2025-03-31 |
| 16 | ARVN release reads positive | -52.73% |
against the close of 2025-03-10
session reconstructed
Session detail |
Clinical Trial Results Release reads positive, stock fell 52.73% |
Arvinas and Pfizer Announce Positive Topline Results from Phase 3 VERITAC-2 Clinical Trial
06:45 ET premarket |
1.3% of the drop was recovered five sessions later. Month end -60.02% on 2025-03-31 |
| 17 | CNSP under $25M today | -51.78% |
against the close of 2025-03-24
session reconstructed
Session detail |
Other Announcement |
CNS Pharmaceuticals Announces Primary Analysis of Berubicin in Second Line Treatment of Glioblastoma Multiforme
08:00 ET premarket |
Five sessions later the drop was 19.4% bigger, at -61.83%. Month end -59.76% on 2025-03-31 This month ended before the fifth session after the move. |
| 18 | XTIA | -50.00% |
against the close of 2025-03-27
session reconstructed
Session detail |
Offering / Dilution |
XTI Aerospace Announces Proposed Public Offering
18:57 ET after hours |
Five sessions later the drop was 10.6% bigger, at -55.28%. Month end -55.69% on 2025-03-31 This month ended before the fifth session after the move. |
| 19 | EU | -46.43% |
against the close of 2025-02-28
session reconstructed
Session detail |
Earnings |
enCore Energy Corp. Reports Fiscal Year 2024 Financial Results and Files Annual Report on Form 10-K
07:00 ET premarket |
8.1% of the drop was recovered five sessions later. Month end -45.63% on 2025-03-31 |
| 20 | PCVX | -45.64% |
against the close of 2025-03-28
session reconstructed
Session detail |
Clinical Trial Results |
Vaxcyte Announces Positive Topline Results from VAX-24 Infant Phase 2 Dose-Finding Study
07:00 ET premarket |
Five sessions later the drop was 16.6% bigger, at -53.20%. Month end -45.64% on 2025-03-31 same session This month ended before the fifth session after the move. |
| 21 | SOWG | -44.00% |
against the close of 2025-03-20
session reconstructed
Session detail |
Earnings |
Sow Good Reports Fourth Quarter 2024 Results
08:00 ET premarket |
Five sessions later the drop was 38.8% bigger, at -61.09%. Month end -63.27% on 2025-03-31 |
| 22 | ELEV under $25M today | -41.82% |
against the close of 2025-03-19
session reconstructed
Session detail |
Other Announcement (terminated) |
Elevation Oncology to Discontinue Development of EO-3021; Advancing EO-1022, While Evaluating Strategic Options
08:00 ET premarket |
Five sessions later the drop was 8.9% bigger, at -45.56%. Month end -45.77% on 2025-03-31 |
| 23 | BHIL under $25M today More than one ranked move this month 2+ ranked moves | -41.19% |
against the close of 2025-03-25
session reconstructed
Session detail |
Other Announcement |
Benson Hill Receives Court Approval of First-Day Motions to Support Ongoing Operations During Chapter 11 Process
16:45 ET after hours |
Month-end is not shown: no closing price is available for 2025-03-31. |
| 24 | MGRX under $25M today | -40.84% |
against the close of 2025-03-24
session reconstructed
Session detail |
Other Announcement |
Mangoceuticals Expands into $33 Billion Addressable Diabetes Market Through its Exclusive Rights to Market and Sell Patented and Clinically Proven Diabetinol® in the USA and Canada
09:00 ET premarket |
Five sessions later the drop was 34.0% bigger, at -54.74%. Month end -58.95% on 2025-03-31 This month ended before the fifth session after the move. |
| 25 | BHIL under $25M today More than one ranked move this month 2+ ranked moves | -40.50% |
against the close of 2025-03-19
session reconstructed
Session detail |
Other Announcement |
Benson Hill Files Voluntary Chapter 11 Petitions
09:00 ET premarket |
Month-end is not shown: no closing price is available for 2025-03-31. |
| 26 | ULY under $25M today | -40.35% |
against the close of 2025-03-12
session reconstructed
Session detail |
Earnings |
Urgently Announces Fourth Quarter and Full-Year 2024 Financial Results
16:05 ET after hours |
47.9% of the drop was recovered five sessions later. Month end -23.63% on 2025-03-31 |
| 27 | XPOF | -38.45% |
against the close of 2025-03-13
session reconstructed
Session detail |
Earnings |
Xponential Fitness, Inc. Announces Fourth Quarter and Full Year 2024 Financial Results
16:05 ET after hours |
25.7% of the drop was recovered five sessions later. Month end -31.27% on 2025-03-31 |
| 28 | ADAP under $25M today | -37.65% |
against the close of 2025-03-19
session reconstructed
Session detail |
Other Announcement |
Adaptimmune Provides Q4 and Full Year 2024 Business Update
07:00 ET premarket |
Five sessions later the drop was 35.5% bigger, at -51.01%. Month end -56.13% on 2025-03-31 |
| 29 | TELA | -37.18% |
against the close of 2025-03-20
session reconstructed
Session detail |
Earnings |
TELA Bio Reports Fourth Quarter and Full Year 2024 Financial Results
16:05 ET after hours |
Five sessions later the drop was 27.0% bigger, at -47.22%. Month end -47.86% on 2025-03-31 |
| 30 | VG | -36.05% |
against the close of 2025-03-05
session reconstructed
Session detail |
Earnings |
Venture Global Reports Fourth Quarter and Full Year 2024 Results
06:14 ET premarket |
11.3% of the drop was recovered five sessions later. Month end -27.62% on 2025-03-31 |
| 31 | SCNX under $25M today | -35.89% |
against the close of 2025-03-17
session reconstructed
Session detail |
FDA & Regulatory |
SCIENTURE announces the U.S. FDA Approval of its NDA for SCN-102, to be launched as ArbliTM, (losartan potassium) Oral Suspension, 10mg/mL. The global market for losartan potassium was approximately $1.5 billion in sales in 2024.
08:05 ET premarket |
20.2% of the drop was recovered five sessions later. Month end -41.94% on 2025-03-31 |
| 32 | IRBT under $25M today release reads positive | -35.66% |
against the close of 2025-03-11
session reconstructed
Session detail |
Earnings catalyst from a later release the same session Release reads positive, stock fell 35.66% |
iRobot Introduces Suite of Innovative ROOMBA® Floor Cleaning Robots
16:01 ET after hours |
Five sessions later the drop was 28.9% bigger, at -45.96%. Month end -57.21% on 2025-03-31 |
| 33 | EQ | -35.62% |
against the close of 2025-03-26
session reconstructed
Session detail |
Clinical Trial Results |
Equillium Announces Results of the Phase 3 EQUATOR Study of Itolizumab in First-Line Treatment of Patients with Acute Graft-Versus-Host Disease
07:00 ET premarket |
Five sessions later the drop was 7.0% bigger, at -38.13%. Month end -48.25% on 2025-03-31 This month ended before the fifth session after the move. |
| 34 | STRO release reads positive | -35.19% |
against the close of 2025-03-13
session reconstructed
Session detail |
Earnings catalyst from a later release the same session Release reads positive, stock fell 35.19% |
Sutro Biopharma Announces Strategic Portfolio Review Resulting in the Prioritization of its Next-Generation ADC Pipeline
16:05 ET after hours |
Five sessions later the drop was 9.8% bigger, at -38.65%. Month end -47.95% on 2025-03-31 |
| 35 | SMSI under $25M today | -34.07% |
against the close of 2025-03-11
session reconstructed
Session detail |
Earnings |
Smith Micro Reports Fourth Quarter and Fiscal Year 2024 Financial Results
16:05 ET after hours |
20.8% of the drop was recovered five sessions later. Month end -31.81% on 2025-03-31 |
| 36 | HTCO | -33.80% |
against the close of 2025-03-10
session reconstructed
Session detail |
Offering / Dilution |
High-Trend International Group Announces the Completion of a $4,452,999 Private Placement of Ordinary Shares to Its Co-Founder, Mr. Dong Zhang At a Price of $2.62 Per Share with a Three-year Lock-up
09:00 ET premarket |
37.5% of the drop was recovered five sessions later. Month end -46.95% on 2025-03-31 |
| 37 | ECX | -33.63% |
against the close of 2025-03-27
session reconstructed
Session detail |
Offering / Dilution |
ECARX Holdings Inc. Announces Proposed Offering of 25,000,000 Class A Ordinary Shares
16:50 ET after hours |
Five sessions later the drop was 60.5% bigger, at -53.98%. Month end -44.25% on 2025-03-31 This month ended before the fifth session after the move. |
| 38 | SAIH | -33.40% |
against the close of 2025-03-26
session reconstructed
Session detail |
Crypto & Treasury |
SAIHEAT Announces Joining 1CP Program to Optimize Energy Costs for Bitcoin Mining
09:29 ET premarket |
Five sessions later the drop was 63.1% bigger, at -54.48%. Month end -49.82% on 2025-03-31 This month ended before the fifth session after the move. |
| 39 | SLE | -32.83% |
against the close of 2025-03-27
session reconstructed
Session detail |
Earnings |
Super League Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Update on Strategic Discussions to Accelerate Path to Profitability and Diversify Revenues
07:30 ET premarket |
Five sessions later the drop was 46.5% bigger, at -48.08%. Month end -40.66% on 2025-03-31 This month ended before the fifth session after the move. |
| 40 | ASBP under $25M today More than one ranked move this month 2+ ranked moves | -32.67% |
against the close of 2025-02-28
session reconstructed
Session detail |
Other Announcement |
Aspire Biopharma Holdings, Inc., to Launch the Next Generation of Pre-Workout Performance Supplement
07:30 ET premarket |
Five sessions later the drop was 48.5% bigger, at -48.53%. Month end -61.16% on 2025-03-31 |
| 41 | CCLD | -32.37% |
against the close of 2025-03-05
session reconstructed
Session detail |
Other Announcement |
CareCloud Announces Conversion of Series A Preferred Stock
09:00 ET premarket |
Five sessions later the drop was 50.5% bigger, at -48.72%. Month end -55.45% on 2025-03-31 |
| 42 | SAVA | -32.14% |
against the close of 2025-03-24
session reconstructed
Session detail |
Clinical Trial Results |
Cassava Sciences Reports Topline Phase 3 REFOCUS-ALZ Data
08:05 ET premarket |
Five sessions later the drop was 57.8% bigger, at -50.71%. Month end -46.43% on 2025-03-31 This month ended before the fifth session after the move. |
| 43 | CRMD | -31.85% |
against the close of 2025-03-24
session reconstructed
Session detail |
Earnings |
CorMedix Inc. Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Business Update
07:30 ET premarket |
Five sessions later the drop was 37.0% bigger, at -43.64%. Month end -42.80% on 2025-03-31 This month ended before the fifth session after the move. |
| 44 | NPWR | -31.46% |
against the close of 2025-03-07
session reconstructed
Session detail |
Earnings |
Net Power Reports Fourth Quarter 2024 Results and Provides Business Update
07:30 ET premarket |
Five sessions later the drop was 69.7% bigger, at -53.39%. Month end -62.05% on 2025-03-31 |
| 45 | ABVE under $25M today | -31.10% |
against the close of 2025-02-28
session reconstructed
Session detail |
Other Announcement |
Above Food Ingredients Inc. Provides Update on Subsidiary Purely Canada Foods Corp.
17:12 ET after hours |
31.8% of the drop was recovered five sessions later. Month end +30.73% on 2025-03-31 |
| 46 | TRAW under $25M today | -30.82% |
against the close of 2025-02-28
session reconstructed
Session detail |
Earnings |
Traws Pharma Reports Positive Results from An Accepted Bird Flu Model for Anti-Viral Candidate, Tivoxavir Marboxil
07:00 ET premarket |
45.1% of the drop was recovered five sessions later. Month end -30.51% on 2025-03-31 |
| 47 | CURR release reads positive | -30.74% |
against the close of 2025-03-17
session reconstructed
Session detail |
Other Announcement Release reads positive, stock fell 30.74% |
CURRENC to Develop 500MW Hyperscale AI Data Center in Malaysia
08:00 ET premarket |
Five sessions later the drop was 11.4% bigger, at -34.24%. Month end -41.25% on 2025-03-31 |
| 48 | HUMA | -30.43% |
against the close of 2025-03-25
session reconstructed
Session detail |
Offering / Dilution |
Humacyte, Inc. Announces Proposed Public Offering of Common Stock
16:01 ET after hours |
Five sessions later the drop was 61.7% bigger, at -49.22%. Month end -40.70% on 2025-03-31 This month ended before the fifth session after the move. |
| 49 | QRHC release reads positive | -30.39% |
against the close of 2025-03-12
session reconstructed
Session detail |
Leadership Change Release reads positive, stock fell 30.39% |
Quest Resource Holding Corporation Announces Appointment of Perry Moss as CEO
16:00 ET after hours |
22.2% of the drop was recovered five sessions later. Month end -32.47% on 2025-03-31 |
| 50 | GYRE | -30.21% |
against the close of 2025-03-17
session reconstructed
Session detail |
Earnings |
Gyre Therapeutics Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Business Update
16:15 ET after hours |
24.8% of the drop was recovered five sessions later. Month end -37.13% on 2025-03-31 |
| 51 | ACXP under $25M today release reads positive | -29.86% |
against the close of 2025-03-06
session reconstructed
Session detail |
Offering / Dilution Release reads positive, stock fell 29.86% |
Acurx Pharmaceuticals, Inc. Announces $1.1 Million Registered Direct Offering
08:00 ET premarket |
1.9% of the drop was recovered five sessions later. Month end -40.18% on 2025-03-31 |
| 52 | NFGC | -29.56% |
against the close of 2025-03-24
session reconstructed
Session detail |
Other Announcement |
New Found Gold Corp. Announces Initial Mineral Resource Estimate
18:45 ET after hours |
Five sessions later the drop was 4.3% bigger, at -30.82%. Month end -24.53% on 2025-03-31 This month ended before the fifth session after the move. |
| 53 | MEI | -28.92% |
against the close of 2025-03-05
session reconstructed
Session detail |
Earnings |
Methode Electronics, Inc. Reports Fiscal 2025 Third Quarter Financial Results
16:05 ET after hours |
Five sessions later the drop was 29.6% bigger, at -37.47%. Month end -35.03% on 2025-03-31 |
| 54 | UBX under $25M today | -28.77% |
against the close of 2025-03-21
session reconstructed
Session detail |
Clinical Trial Results |
UNITY Biotechnology Announces Topline Results from the ASPIRE Phase 2b Study in Diabetic Macular Edema
07:01 ET premarket |
Five sessions later the drop was 49.5% bigger, at -43.01%. Month end -43.01% on 2025-03-31 |
| 55 | SUNE under $25M today Also on the opposite board this month on both boards | -28.73% |
against the close of 2025-03-07
session reconstructed
Session detail |
Leadership Change |
SUNation Energy Names James Brennan Chief Financial Officer
08:45 ET premarket |
It recovered the whole drop and closed 13.95% above the pre-news price. Month end -17.99% on 2025-03-31 |
| 56 | HYPR Also on the opposite board this month on both boards | -28.73% |
against the close of 2025-03-17
session reconstructed
Session detail |
Earnings |
Hyperfine, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results
16:05 ET after hours |
Five sessions later the drop was 23.8% bigger, at -35.57%. Month end -44.04% on 2025-03-31 |
| 57 | RAPP release reads positive | -28.71% |
against the close of 2025-02-28
session reconstructed
Session detail |
Leadership Change Release reads positive, stock fell 28.71% |
Rapport Therapeutics Announces Appointment of Dr. Jeffrey Sevigny as Chief Medical Officer to Drive Clinical Strategy and Precision Medicine Development
07:00 ET premarket |
38.9% of the drop was recovered five sessions later. Month end 0.00% on 2025-03-31 |
| 58 | DSP release reads positive | -28.51% |
against the close of 2025-03-03
session reconstructed
Session detail |
M&A / Acquisition Release reads positive, stock fell 28.51% |
Viant Technology Announces Acquisition of Lockr
16:05 ET after hours |
Five sessions later the drop was 14.2% bigger, at -32.56%. Month end -37.16% on 2025-03-31 |
| 59 | JRVR | -28.37% |
against the close of 2025-03-03
session reconstructed
Session detail |
Earnings |
James River Announces Fourth Quarter 2024 Results
16:30 ET after hours |
30.9% of the drop was recovered five sessions later. Month end -14.29% on 2025-03-31 |
| 60 | KSCP | -28.29% |
against the close of 2025-03-27
session reconstructed
Session detail |
Offering / Dilution |
Knightscope Announces $1.7 Million Registered Direct Offering of Common Stock
08:48 ET premarket |
Five sessions later the drop was 23.3% bigger, at -34.88%. Month end -31.22% on 2025-03-31 This month ended before the fifth session after the move. |
| 61 | NABL | -28.22% |
against the close of 2025-02-28
session reconstructed
Session detail |
Earnings |
N-able Announces Fourth Quarter and Full-Year 2024 Results
07:00 ET premarket |
Five sessions later the drop was 9.9% bigger, at -31.01%. Month end -29.31% on 2025-03-31 |
| 62 | AKBA | -28.17% |
against the close of 2025-03-19
session reconstructed
Session detail |
Offering / Dilution |
Akebia Therapeutics Announces Proposed Public Offering of Common Stock
16:01 ET after hours |
Five sessions later the drop was 13.7% bigger, at -32.04%. Month end -32.39% on 2025-03-31 |
| 63 | DWTX | -27.76% |
against the close of 2025-03-12
session reconstructed
Session detail |
Offering / Dilution |
Dogwood Therapeutics, Inc. Announces Pricing of $4.8 Million Registered Direct Offering of Common Stock Priced At-The-Market Under Nasdaq Rules
09:00 ET premarket |
Five sessions later the drop was 30.3% bigger, at -36.17%. Month end -53.18% on 2025-03-31 |
| 64 | SUUN | -27.64% |
against the close of 2025-03-20
session reconstructed
Session detail |
Other Announcement |
SolarBank Corporation Announces up to US$19 Million Equity Financing
08:00 ET premarket |
Five sessions later the drop was 62.6% bigger, at -44.94%. Month end -45.39% on 2025-03-31 |
| 65 | SDST under $25M today | -27.54% |
against the close of 2025-03-27
session reconstructed
Session detail |
Earnings |
Stardust Power Announces Year End 2024 Financial Results
17:00 ET after hours |
5.7% of the drop was recovered five sessions later. Month end -30.96% on 2025-03-31 This month ended before the fifth session after the move. |
| 66 | BKKT | -27.28% |
against the close of 2025-03-17
session reconstructed
Session detail |
Earnings |
Bakkt Reschedules Release of Fourth Quarter and Full Year 2024 Earnings Results and Conference Call
16:15 ET after hours |
80.3% of the drop was recovered five sessions later. Month end -32.42% on 2025-03-31 |
| 67 | KBSX release reads positive | -27.10% |
against the close of 2025-03-21
session reconstructed
Session detail |
Other Announcement Release reads positive, stock fell 27.10% |
FST Corp. Introduces KBS-branded Graphite Golf Shaft Designed to Achieve Greater Shot Distance and Accuracy
08:00 ET premarket |
Five sessions later the drop was 23.2% bigger, at -33.39%. Month end -33.39% on 2025-03-31 |
| 68 | MDB | -26.94% |
against the close of 2025-03-05
session reconstructed
Session detail |
Earnings |
MongoDB, Inc. Announces Fourth Quarter and Full Year Fiscal 2025 Financial Results
16:05 ET after hours |
Five sessions later the drop was 11.1% bigger, at -29.92%. Month end -33.59% on 2025-03-31 |
| 69 | NEGG | -26.87% |
against the close of 2025-03-13
session reconstructed
Session detail |
Other Announcement |
Newegg Announces Upcoming Share Combination
08:00 ET premarket |
23.1% of the drop was recovered five sessions later. Month end -32.77% on 2025-03-31 |
| 70 | RC | -26.84% |
against the close of 2025-02-28
session reconstructed
Session detail |
Buyback / Dividend |
Ready Capital Corporation Reports Fourth Quarter 2024 Results and Declares First Quarter 2025 Dividends
07:36 ET premarket |
3.2% of the drop was recovered five sessions later. Month end -26.55% on 2025-03-31 |
| 71 | AIRJ | -26.73% |
against the close of 2025-03-25
session reconstructed
Session detail |
Earnings |
AirJoule Technologies Announces Fourth Quarter and Full Year 2024 Results and Groundbreaking Performance of AirJoule® System
17:09 ET after hours |
Five sessions later the drop was 6.2% bigger, at -28.39%. Month end -36.15% on 2025-03-31 This month ended before the fifth session after the move. |
| 72 | ECOR | -26.54% |
against the close of 2025-03-12
session reconstructed
Session detail |
Earnings |
electroCore Announces Full Year 2024 Financial Results
16:05 ET after hours |
Five sessions later the drop was 44.0% bigger, at -38.23%. Month end -48.54% on 2025-03-31 |
| 73 | BON under $25M today More than one ranked move this month 2+ ranked moves | -25.78% |
against the close of 2025-03-19
session reconstructed
Session detail |
Other Announcement |
BON Announces Revolutionary Postbiotic Blood Sugar Solution Nears Patent Launch
09:00 ET premarket |
Five sessions later the drop was 122.9% bigger, at -57.47%. Month end -73.31% on 2025-03-31 |
| 74 | SNAL | -25.31% |
against the close of 2025-03-26
session reconstructed
Session detail |
Earnings |
Snail, Inc. Reports Fourth Quarter & Full Year 2024 Financial Results
16:01 ET after hours |
Five sessions later the drop was 104.8% bigger, at -51.84%. Month end -45.78% on 2025-03-31 This month ended before the fifth session after the move. |
| 75 | ASNS under $25M today | -25.26% |
against the close of 2025-03-27
session reconstructed
Session detail |
Contract / Partnership |
Actelis Receives Significant New Orders to Modernize U.S. Military Bases with Rapid Deployment, Cyber Hardened Networking
08:00 ET premarket |
Five sessions later the drop was 41.6% bigger, at -35.77%. Month end -21.08% on 2025-03-31 This month ended before the fifth session after the move. |
| 76 | CNFR under $25M today | -25.18% |
against the close of 2025-03-28
session reconstructed
Session detail |
Earnings |
Conifer Holdings Reports 2024 Fourth Quarter and Year End Financial Results
16:01 ET after hours |
43.1% of the drop was recovered five sessions later. Month end -25.18% on 2025-03-31 same session This month ended before the fifth session after the move. |
| 77 | AUID under $25M today | -25.15% |
against the close of 2025-03-28
session reconstructed
Session detail |
Offering / Dilution |
authID Announces Pricing of Approximately $8,150,000 Million Registered Direct Offering
08:30 ET premarket |
77.9% of the drop was recovered five sessions later. Month end -25.15% on 2025-03-31 same session This month ended before the fifth session after the move. |
| 78 | BTMD | -25.12% |
against the close of 2025-03-12
session reconstructed
Session detail |
Earnings |
Biote Reports Fourth Quarter and Full Year 2024 Financial Results
16:05 ET after hours |
It recovered the whole drop and closed 2.44% above the pre-news price. Month end -18.78% on 2025-03-31 |
| 79 | FTRE | -25.05% |
against the close of 2025-02-28
session reconstructed
Session detail |
Earnings |
Fortrea Reports Fourth Quarter and Full-Year 2024 Results; Issues Full-Year 2025 Guidance
06:45 ET premarket |
Five sessions later the drop was 4.4% bigger, at -26.14%. Month end -45.49% on 2025-03-31 |
| 80 | AQB under $25M today | -24.50% |
against the close of 2025-03-26
session reconstructed
Session detail |
Earnings |
AquaBounty Technologies Announces Full Year 2024 Financial Results
08:01 ET premarket |
Five sessions later the drop was 43.1% bigger, at -35.06%. Month end -32.46% on 2025-03-31 This month ended before the fifth session after the move. |
| 81 | ASAN | -24.22% |
against the close of 2025-03-10
session reconstructed
Session detail |
Earnings catalyst from a later release the same session |
Asana Announces CEO Succession Plan
16:05 ET after hours |
33.9% of the drop was recovered five sessions later. Month end -12.65% on 2025-03-31 |
| 82 | BKSY | -24.17% |
against the close of 2025-03-05
session reconstructed
Session detail |
Earnings |
BlackSky Reports Fourth Quarter and Full Year 2024 Results
07:00 ET premarket |
Five sessions later the drop was 37.9% bigger, at -33.33%. Month end -41.44% on 2025-03-31 |
| 83 | KSS | -24.07% |
against the close of 2025-03-10
session reconstructed
Session detail |
Earnings |
Kohl's Reports Fourth Quarter and Full Year Fiscal 2024 Financial Results
07:00 ET premarket |
Five sessions later the drop was 28.3% bigger, at -30.87%. Month end -32.12% on 2025-03-31 |
| 84 | PSTV More than one ranked move this month Also on the opposite board this month 2+ ranked moves on both boards | -23.68% |
against the close of 2025-03-27
session reconstructed
Session detail |
Earnings |
Plus Therapeutics Reports Fourth Quarter and Full Year 2024 Financial Results and Recent Business Highlights
16:05 ET after hours |
Five sessions later the drop was 103.1% bigger, at -48.09%. Month end -37.49% on 2025-03-31 This month ended before the fifth session after the move. |
| 85 | ICG | -23.54% |
against the close of 2025-03-25
session reconstructed
Session detail |
Offering / Dilution |
Intchains Group Limited Announces Entry into Agreement for Registered Direct Offering of its ADSs and Warrants
07:00 ET premarket |
Five sessions later the drop was 87.6% bigger, at -44.17%. Month end -34.22% on 2025-03-31 This month ended before the fifth session after the move. |
| 86 | MDCX under $25M today | -23.24% |
against the close of 2025-03-10
session reconstructed
Session detail |
Offering / Dilution |
Medicus Pharma Ltd. Announces Closing of $4.2 Million Regulation A Offering
16:05 ET after hours |
59.5% of the drop was recovered five sessions later. Month end +9.41% on 2025-03-31 |
| 87 | ELTK | -23.16% |
against the close of 2025-03-10
session reconstructed
Session detail |
Earnings |
Eltek Ltd. Reports Full Year and Fourth Quarter 2024 Financial Results
08:30 ET premarket |
15.5% of the drop was recovered five sessions later. Month end -23.61% on 2025-03-31 |
| 88 | PLRZ under $25M today | -22.93% |
against the close of 2025-03-28
session reconstructed
Session detail |
Offering / Dilution |
Polyrizon Ltd. Announces $17.0 Million Private Placement
09:32 ET intraday |
18.7% of the drop was recovered five sessions later. Month end -22.93% on 2025-03-31 same session This month ended before the fifth session after the move. |
| 89 | ICU under $25M today | -22.73% |
against the close of 2025-03-27
session reconstructed
Session detail |
Earnings |
SeaStar Medical Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Business Updates
16:05 ET after hours |
Five sessions later the drop was 62.0% bigger, at -36.82%. Month end -24.55% on 2025-03-31 This month ended before the fifth session after the move. |
| 90 | WINT under $25M today Also on the opposite board this month on both boards | -22.68% |
against the close of 2025-03-03
session reconstructed
Session detail |
Other Announcement |
Windtree Announces Istaroxime Notice of Allowance from the U.S. Patent and Trademark Office for Acute Heart Failure
08:00 ET premarket |
Five sessions later the drop was 37.9% bigger, at -31.27%. Month end -56.70% on 2025-03-31 |
| 91 | CISO under $25M today | -22.63% |
against the close of 2025-03-19
session reconstructed
Session detail |
Other Announcement |
CISO Global’s AI-Powered Penetration Testing and Analysis Tool to make Real-time Assessments a Reality
09:15 ET premarket |
Five sessions later the drop was 12.1% bigger, at -25.37%. Month end -28.59% on 2025-03-31 |
| 92 | MODV under $25M today | -22.54% |
against the close of 2025-03-06
session reconstructed
Session detail |
Leadership Change |
Modivcare Reports Fourth Quarter and Full Year 2024 Financial Results; Announces Changes to the Board of Directors
16:23 ET after hours |
Five sessions later the drop was 56.2% bigger, at -35.21%. Month end -62.96% on 2025-03-31 |
| 93 | KLC | -22.17% |
against the close of 2025-03-20
session reconstructed
Session detail |
Earnings |
KinderCare Reports Fourth Quarter 2024 Financial Results
16:15 ET after hours |
Five sessions later the drop was 46.2% bigger, at -32.41%. Month end -34.45% on 2025-03-31 |
| 94 | LUNR Also on the opposite board this month on both boards | -22.11% |
against the close of 2025-03-06
session reconstructed
Session detail |
Other Announcement |
Intuitive Machines Lands and Operates Second Mission on the Moon
18:37 ET after hours |
Five sessions later the drop was 58.7% bigger, at -35.08%. Month end -33.84% on 2025-03-31 |
| 95 | GME | -22.11% |
against the close of 2025-03-26
session reconstructed
Session detail |
Offering / Dilution |
GameStop Announces Proposed Private Offering of $1.3 Billion of Convertible Senior Notes
16:05 ET after hours |
Five sessions later the drop was 15.8% bigger, at -25.60%. Month end -21.30% on 2025-03-31 This month ended before the fifth session after the move. |
| 96 | WKHS | -22.00% |
against the close of 2025-03-14
session reconstructed
Session detail |
Earnings |
Workhorse Group Sets Fourth Quarter and Full Year 2024 Earnings Call for Monday, March 31, 2025 at 10:00 a.m. ET
08:30 ET premarket |
28.0% of the drop was recovered five sessions later. Month end -29.30% on 2025-03-31 |
| 97 | SNES under $25M today | -21.93% |
against the close of 2025-03-07
session reconstructed
Session detail |
Offering / Dilution |
SenesTech Announces Warrant Exercise for $1.1 Million in Gross Proceeds
08:00 ET premarket |
Five sessions later the drop was 16.6% bigger, at -25.58%. Month end -39.87% on 2025-03-31 |
| 98 | FGEN | -21.80% |
against the close of 2025-03-17
session reconstructed
Session detail |
Earnings |
FibroGen Reports Fourth Quarter and Full Year 2024 Financial Results
16:05 ET after hours |
Five sessions later the drop was 5.6% bigger, at -23.01%. Month end -30.36% on 2025-03-31 |
| 99 | ASBP under $25M today More than one ranked move this month 2+ ranked moves | -21.62% |
against the close of 2025-03-12
session reconstructed
Session detail |
Other Announcement |
Aspire Biopharma Holdings, Inc., Provides Update on Recently Filed U.S. Patent Applications for Its Sublingual Drug Delivery Platform
08:30 ET premarket |
67.6% of the drop was recovered five sessions later. Month end -21.27% on 2025-03-31 |
| 100 | AISP | -21.58% |
against the close of 2025-02-28
session reconstructed
Session detail |
Earnings |
Airship AI Reports Full Year 2024 Financial Results
08:31 ET premarket |
Five sessions later the drop was 2.7% bigger, at -22.17%. Month end -8.96% on 2025-03-31 |
NYSE and Nasdaq companies with a market capitalization of $5M or more, measured today, including the $5M to $25M band. The exchange is the one recorded on each announcement, and a release naming several tickers records one venue for all of them. A session that changed hands for less than $25,000 in total is not ranked, because a percentage set by a handful of shares is a print rather than a move. On a board older than a year a fund is identified by its name alone, because an instrument class describes whoever holds the ticker today. 222 events never entered this month's eligible pool, because the ticker is a warrant, a unit, a right or a preferred rather than common stock, or carries a stored capitalization above $10 trillion, which is larger than any company has reached. Exclude the $5M to $25M band
9 candidate events for this board could not be anchored to a trading session and are not listed.
1 event was left out of this board because the ticker had not traded for more than 10 days before the measured session, so no comparable prior close exists.
Company names are not shown on months older than a year, because only the current holder of each ticker is known.
Whole board, unfiltered
In March 2025, the median decliner was 11.1% deeper below its pre-news close five sessions later; the largest catalyst group was Earnings, 40 of the 100 events, at a median of -27.9%.
Close-to-close change on the measured trading session, against the previous close.
NYSE and Nasdaq companies with a market capitalization of $5M or more, measured today, including the $5M to $25M band. The exchange is the one recorded on each announcement, and a release naming several tickers records one venue for all of them. A session that changed hands for less than $25,000 in total is not ranked, because a percentage set by a handful of shares is a print rather than a move. On a board older than a year a fund is identified by its name alone, because an instrument class describes whoever holds the ticker today.
Which catalysts drove the board
Swipe the table sideways for the day +5 columns.
| Catalyst | Events | Share of board | Median move close to close | Median at day +5 | Still below the pre-news close at day +5 |
|---|---|---|---|---|---|
| Earnings | 40 | 40.0% | -27.9% | -31.5% | 97.5% of 40 |
| Other Announcement | 23 | 23.0% | -32.4% | -45.2% of 20 | 100.0% of 20 |
| Offering / Dilution | 18 | 18.0% | -29.1% | -33.5% | 94.4% of 18 |
| Clinical Trial Results | 8 | 8.0% | Fewer than 10 events in this group, so no figures are shown. | ||
| Leadership Change | 4 | 4.0% | Fewer than 10 events in this group, so no figures are shown. | ||
The day +5 figures are measured over the events in each group that have a five-session close, the count printed beside them, not over every event in the group.
5 other catalyst types, 7 events: FDA & Regulatory, Buyback / Dividend, M&A / Acquisition, Contract / Partnership, Crypto & Treasury.
How much of the drop held
| Horizon | Still below the pre-news close close to close | Median change since the measured close as a share of the drop |
|---|---|---|
| Day +1 | 100.0% of 99 | 5.6% deeper below baseline, of 99 |
| Day +5 | 96.9% of 97 | 11.1% deeper below baseline, of 97 |
| Month end | 95.7% of 92 | 24.3% deeper below baseline, of 92 |
| Month end falls before day +5 for 24 of these 92 events, so this row is not a later horizon than the one above it. 92 of the 100 events have a month-end close later than the measured session; 4 have it on the measured session itself, and 4 have no month-end close. | ||
Both figures in a row are measured over the events that have a close at that horizon, the count printed beside each of them, not over all 100 events on this board, which is why the denominators differ between rows.
Repeat runners
Some companies move on news more than once. The left list holds the ones that moved twice or more this month; the right list holds the ones that also moved in the months before it. The ranking above shows one row per move, so a name that keeps coming back is only visible here.
Moved twice or more inside March 2025
Two or more ranked moves this month, each on a different trading day.
| Symbol | Measured sessions | Largest drop |
|---|---|---|
| BON | 2Offering / Dilution, Other Announcement | -57.46% |
| PSTV | 2Offering / Dilution, Earnings | -54.21% |
| BHIL | 2Other Announcement | -41.19% |
| ASBP | 2Other Announcement | -32.67% |
Also fallen on news in earlier months
Ranked in at least two of the three months before this one. They are listed whether or not they rank this month, which is why the months are named.
| Symbol | Months | Largest drop |
|---|---|---|
| VIRX | 2025-02, 2024-12 | -49.83% |
| SVRE | 2025-02, 2025-01 | -30.61% |
| BZAI | 2025-02, 2025-01 | -32.29% |
| TNXP | 2025-02, 2024-12 | -37.00% |
| CADL | 2025-02, 2024-12 | -31.12% |
| GOEV | 2025-01, 2024-12 | -72.59% |
| PHIO | 2025-01, 2024-12 | -45.76% |
| LAES | 2025-01, 2024-12 | -41.54% |
| LICN | 2025-01, 2024-12 | -34.06% |
| LITM | 2025-01, 2024-12 | -63.14% |
| BDMD | 2025-01, 2024-12 | -38.95% |
| GXAI | 2025-01, 2024-12 | -27.02% |
What the board was made of
Price before the move
Price bands are not shown on months older than a year, because the stored prices are adjusted for splits done since and a company that has reverse-split lands in a band its shares never traded in.
When the announcement landed
Volume against normal
2 events have too little trading history for a relative volume, and are not in the tiers above.
Industry
34 other industries, 40 events
Industry not known: 15.0%
When the release and the price disagreed
10 events on this board carry the flag.
Flagged events sat 1.4 percentage points above the rest of the board five sessions later.
- Median at day +5, flagged
- -33.8%
- Median at day +5, not flagged
- -35.2%
Against February 2025
100 events in the comparable window.
February 2025 median -31.4%, selected from the 9,679 events in that month's eligible pool
March 2025 median -30.0%, 1.4 points shallower than February 2025. March 2025's median is taken over the 100 ranked rows, selected from the 8,656 events in that month's eligible pool.
How this ranking is measured
Close-to-close change on the measured trading session, against the previous close.
- An announcement before 16:00 ET is measured on that trading day; one at or after 16:00 ET, or on a weekend, is measured on the next trading day.
- One row per company and measured session. Other announcements the company made in the same session are listed inside the row.
- A ranking is a coincidence of news and price on the same session, not proof that the news caused the move. Part of an intraday move can precede the announcement.
- No Stated Cause marks a release in which the company itself says it knows of no reason for the move, while Other Announcement marks a release these rules could not classify.
Eligibility uses each company's capitalization today, not its capitalization at the time. Archive boards can therefore change as companies grow or shrink.
Prices are adjusted for stock splits the company has done since, so an older row's dollar figures are stated on today's share count and are not the prices that traded that day. The percentage move, the dollar volume and the relative volume are unaffected, because both prices carry the same adjustment. The session's share count carries the adjustment too, so the shares figure beside the dollar volume is that count restated on today's basis rather than the number of shares that changed hands. Where the ticker was retired the price series stops with it and no later adjustment reached it, so those rows are marked as traded and their dollars are the ones that changed hands on the day.
Market cap is not shown on months older than a year, because only today's figure exists.
NYSE and Nasdaq companies with a market capitalization of $5M or more, measured today, including the $5M to $25M band. The exchange is the one recorded on each announcement, and a release naming several tickers records one venue for all of them. A session that changed hands for less than $25,000 in total is not ranked, because a percentage set by a handful of shares is a print rather than a move. On a board older than a year a fund is identified by its name alone, because an instrument class describes whoever holds the ticker today.
On 100 of these rows the measured session was reconstructed from the announcement time, because it predates our stored session records.
This archive starts at 2020-04, the first month with ranked moves.