September 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 2025-09-30, 21 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.

See the biggest gainers of September 2025

100

Ranked drops

-89.93%

Largest, MLTX

97.9%

Below baseline, day +5

1.6%

Median deeper below baseline, day +5

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100 ranked drops in September 2025

Skip the ranked rows and go to the month summary

Every 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	MLTX MoonLake Immunotherapeutics	-89.93%	2025-09-29 against the close of 2025-09-26 session reconstructed Session detail $1.32B market cap (today)	Clinical Trial Results	MoonLake Immunotherapeutics reports on week 16 results of the VELA Phase 3 hidradenitis suppurativa program with the Nanobody® sonelokimab 09/28/2025 12:04 ET intraday	Day +1 -88.43% 2025-09-30 Day +5 -86.03% 2025-10-06 Best recovery within 5 -86.03% 2025-10-06 4.3% of the drop was recovered five sessions later. Month end -88.43% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $61.99 to $6.25 split-adjusted Session open, high, low $6.98, $7.14, $5.95 Opening gap -88.75% Close inside the session range 0.25 of the range, where 1.00 is the high Session volume 79,740,394 shares, $497,978,761 Relative volume 111.0x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
2	KALA KALA BIO, Inc. under $25M today	-89.27%	2025-09-29 against the close of 2025-09-26 Session detail $15.9M market cap (today)	Clinical Trial Results	KALA BIO Announces Topline Results from CHASE Phase 2b Clinical Trial Evaluating KPI-012 for the Treatment of Persistent Corneal Epithelial Defect (PCED) Did Not Meet Primary Endpoint 09/29/2025 08:00 ET premarket	Day +1 -91.97% 2025-09-30 Day +5 -92.02% 2025-10-06 Best recovery within 5 -91.92% 2025-10-02 Five sessions later the drop was 3.1% bigger, at -92.02%. Month end -91.97% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $952.50 to $102.25 split-adjusted Session open, high, low $73.50, $123.00, $55.00 Opening gap -92.28% Close inside the session range 0.69 of the range, where 1.00 is the high Session volume 725,780 shares, $74,211,005 Relative volume 104.8x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
3	WOK WORK Medical Technology Group LTD under $25M today More than one ranked move this month release reads positive 2+ ranked moves	-87.66%	2025-09-24 against the close of 2025-09-23 Session detail $5.5M market cap (today)	Clinical Trial Results Release reads positive, stock fell 87.66%	WORK Medical Technology Group LTD Partners with Hong Kong Web3.0 Standardization Association to Collaborate on Blockchain and RWA Innovations 09/24/2025 09:00 ET premarket	Day +1 -90.35% 2025-09-25 Day +5 -91.45% 2025-10-01 Best recovery within 5 -90.35% 2025-09-25 Five sessions later the drop was 4.3% bigger, at -91.45%. Month end -91.79% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $912,000.00 to $112,500.00 split-adjusted Session open, high, low $792,800.00, $798,000.00, $97,100.00 Opening gap -13.07% Close inside the session range 0.02 of the range, where 1.00 is the high Session volume 152 shares, $17,100,000 Baseline gap 1 calendar day from the pre-news close to the measured session
4	SDM Smart Digital Group Limited	-86.41%	2025-09-26 against the close of 2025-09-25 Session detail $49.4M market cap (today)	Crypto & Treasury	Smart Digital Group Announces Plan To Establish A Diversified Cryptocurrency Asset Pool 09/26/2025 09:15 ET premarket	Day +1 no data Day +5 no data Best recovery within 5 no data Month-end is not shown: no closing price is available for 2025-09-30.
Close before and after $13.61 to $1.85 as traded Session open, high, low $14.30, $14.37, $1.50 Opening gap +5.07% Close inside the session range 0.03 of the range, where 1.00 is the high Session volume 25,855,498 shares, $47,832,671 Relative volume 36.5x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
5	ATYR aTyr Pharma, Inc.	-83.17%	2025-09-15 against the close of 2025-09-12 Session detail $55.9M market cap (today)	Clinical Trial Results	aTyr Pharma Announces Topline Results from Phase 3 EFZO-FIT™ Study of Efzofitimod in Pulmonary Sarcoidosis 09/15/2025 07:30 ET premarket	Day +1 -82.09% 2025-09-16 Day +5 -82.59% 2025-09-22 Best recovery within 5 -82.09% 2025-09-16 0.7% of the drop was recovered five sessions later. Month end -88.04% on 2025-09-30
Close before and after $6.03 to $1.02 split-adjusted Session open, high, low $1.26, $1.37, $1.00 Opening gap -79.10% Close inside the session range 0.04 of the range, where 1.00 is the high Session volume 155,055,020 shares, $157,380,845 Relative volume 37.1x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
6	NEON Neonode Inc. under $25M today	-71.38%	2025-09-04 against the close of 2025-09-03 Session detail $15.3M market cap (today)	Other Announcement	Neonode Announces Anticipated Financial Proceeds from Patent Lawsuit Settlement 09/03/2025 16:47 ET after hours	Day +1 -76.25% 2025-09-05 Day +5 -80.09% 2025-09-11 Best recovery within 5 -76.25% 2025-09-05 Five sessions later the drop was 12.2% bigger, at -80.09%. Month end -83.78% on 2025-09-30
Close before and after $21.52 to $6.16 split-adjusted Session open, high, low $4.10, $7.74, $3.80 Opening gap -80.95% Close inside the session range 0.60 of the range, where 1.00 is the high Session volume 93,427,759 shares, $575,514,995 Relative volume 411.7x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
7	EPSM Epsium Enterprise Limited under $25M today	-70.72%	2025-09-10 against the close of 2025-09-09 Session detail $20.1M market cap (today)	No Stated Cause	EPSIUM Enterprise Limited Responds to Recent Unusual Trading Activity 09/10/2025 08:46 ET premarket	Day +1 -66.14% 2025-09-11 Day +5 -72.25% 2025-09-17 Best recovery within 5 -66.14% 2025-09-11 Five sessions later the drop was 2.2% bigger, at -72.25%. Month end -92.25% on 2025-09-30
Close before and after $138.00 to $40.41 split-adjusted Session open, high, low $51.15, $80.00, $37.00 Opening gap -62.93% Close inside the session range 0.08 of the range, where 1.00 is the high Session volume 288,711 shares, $11,666,812 Relative volume 0.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
8	YAAS Youxin Technology Ltd More than one ranked move this month Also on the opposite board this month 2+ ranked moves on both boards	-63.98%	2025-09-05 against the close of 2025-09-04 Session detail $40.7M market cap (today)	Offering / Dilution	Youxin Technology Ltd Announces Pricing of $6.0 Million Underwritten Public Offering 09/05/2025 08:00 ET premarket	Day +1 -71.61% 2025-09-08 Day +5 -72.21% 2025-09-12 Best recovery within 5 -71.61% 2025-09-08 Five sessions later the drop was 12.9% bigger, at -72.21%. Month end -86.16% on 2025-09-30
Close before and after $113.84 to $41.00 split-adjusted Session open, high, low $44.00, $47.60, $36.00 Opening gap -61.35% Close inside the session range 0.43 of the range, where 1.00 is the high Session volume 232,957 shares, $9,551,237 Relative volume 301.4x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
9	ZONE CleanCore Solutions Inc. release reads positive	-52.92%	2025-09-02 against the close of 2025-08-29 Session detail $33.4M market cap (today)	Offering / Dilution Release reads positive, stock fell 52.92%	CleanCore Solutions (NYSE: ZONE) Announces $175,000,420 Private Placement to Build the Official Dogecoin Treasury Founded by the Dogecoin Foundation and the House of Doge, Inc. 09/02/2025 08:30 ET premarket	Day +1 -49.71% 2025-09-03 Day +5 -35.42% 2025-09-09 Best recovery within 5 -35.42% 2025-09-09 33.1% of the drop was recovered five sessions later. Month end -70.55% on 2025-09-30
Close before and after $6.86 to $3.23 split-adjusted Session open, high, low $2.59, $3.89, $2.59 Opening gap -62.24% Close inside the session range 0.49 of the range, where 1.00 is the high Session volume 5,978,891 shares, $19,311,818 Relative volume 271.7x the median of the 20 sessions before the pre-news close Baseline gap 4 calendar days from the pre-news close to the measured session
10	ICU SeaStar Medical Holding Corporation under $25M today	-50.94%	2025-09-25 against the close of 2025-09-24 Session detail $14.0M market cap (today)	Clinical Trial Results	SeaStar Medical Reports DSMB Recommendation to Continue the NEUTRALIZE-AKI Pivotal Trial in Adult Acute Kidney Injury 09/24/2025 16:22 ET after hours	Day +1 -51.44% 2025-09-26 Day +5 -44.76% 2025-10-02 Best recovery within 5 -44.76% 2025-10-02 12.1% of the drop was recovered five sessions later. Month end -54.03% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $12.40 to $6.08 split-adjusted Session open, high, low $6.51, $6.69, $5.40 Opening gap -47.54% Close inside the session range 0.53 of the range, where 1.00 is the high Session volume 2,490,255 shares, $15,148,221 Relative volume 25.7x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
11	APLT Applied Therapeutics, Inc. under $25M today	-50.65%	2025-09-29 against the close of 2025-09-26 Session detail $14.9M market cap (today)	FDA & Regulatory	Applied Therapeutics Provides Update Following Meeting with FDA 09/29/2025 07:00 ET premarket	Day +1 -51.22% 2025-09-30 Day +5 -17.74% 2025-10-06 Best recovery within 5 -17.74% 2025-10-06 65.0% of the drop was recovered five sessions later. Month end -51.22% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $1.24 to $0.6119 as traded Session open, high, low $0.6280, $0.7382, $0.5630 Opening gap -49.35% Close inside the session range 0.28 of the range, where 1.00 is the high Session volume 37,962,193 shares, $23,229,066 Relative volume 49.4x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
12	MTEK Maris-Tech Ltd. under $25M today	-50.60%	2025-09-29 against the close of 2025-09-26 Session detail $11.9M market cap (today)	Earnings	Maris-Tech Announces Financial Results for the Six Months Ended June 30, 2025 09/26/2025 16:04 ET after hours	Day +1 -55.61% 2025-09-30 Day +5 -48.21% 2025-10-06 Best recovery within 5 -48.21% 2025-10-06 4.7% of the drop was recovered five sessions later. Month end -55.61% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $4.19 to $2.07 split-adjusted Session open, high, low $2.27, $2.34, $1.91 Opening gap -45.82% Close inside the session range 0.38 of the range, where 1.00 is the high Session volume 1,477,635 shares, $3,058,704 Relative volume 12.6x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
13	NFE New Fortress Energy Inc.	-42.86%	2025-09-08 against the close of 2025-09-05 Session detail $81.9M market cap (today)	Earnings	New Fortress Energy Announces Second Quarter 2025 Results 09/05/2025 19:46 ET after hours	Day +1 -42.86% 2025-09-09 Day +5 -43.67% 2025-09-15 Best recovery within 5 -42.86% 2025-09-09 Five sessions later the drop was 1.9% bigger, at -43.67%. Month end -9.80% on 2025-09-30
Close before and after $2.45 to $1.40 split-adjusted Session open, high, low $1.73, $1.76, $1.26 Opening gap -29.39% Close inside the session range 0.28 of the range, where 1.00 is the high Session volume 67,674,075 shares, $94,743,705 Relative volume 11.3x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
14	NXTT Next Technology Holding Inc. under $25M today	-42.40%	2025-09-02 against the close of 2025-08-29 Session detail $9.9M market cap (today)	Offering / Dilution	Next Technology Holding Inc. Announces $9 Million Registered Direct Offering 09/02/2025 13:30 ET intraday	Day +1 -41.56% 2025-09-03 Day +5 -66.42% 2025-09-09 Best recovery within 5 -41.56% 2025-09-03 Five sessions later the drop was 56.7% bigger, at -66.42%. Month end -71.79% on 2025-09-30
Close before and after $8,826.00 to $5,084.00 split-adjusted Session open, high, low $8,032.00, $8,540.00, $4,020.00 Opening gap -9.00% Close inside the session range 0.24 of the range, where 1.00 is the high Session volume 3,924 shares, $19,949,616 Relative volume 112.1x the median of the 20 sessions before the pre-news close Baseline gap 4 calendar days from the pre-news close to the measured session
15	NAKA Nakamoto Inc.	-40.59%	2025-09-10 against the close of 2025-09-09 Session detail $128.1M market cap (today)	Other Announcement	KindlyMD Subsidiary Nakamoto Announces $30 Million Investment in Metaplanet 09/09/2025 16:50 ET after hours	Day +1 -51.18% 2025-09-11 Day +5 -82.30% 2025-09-17 Best recovery within 5 -51.18% 2025-09-11 Five sessions later the drop was 102.8% bigger, at -82.30%. Month end -86.76% on 2025-09-30
Close before and after $323.20 to $192.00 split-adjusted Session open, high, low $236.80, $240.00, $183.37 Opening gap -26.73% Close inside the session range 0.15 of the range, where 1.00 is the high Session volume 145,522 shares, $27,940,224 Relative volume 4.9x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
16	NVNI under $25M today	-40.29%	2025-09-30 against the close of 2025-09-29 Session detail $12.0M market cap (today)	Earnings	Nuvini Group Reports First Half 2025 Financial Results 09/30/2025 08:00 ET premarket Nuvini Group to Acquire MK Solutions 09/30/2025	Day +1 -46.28% 2025-10-01 Day +5 -74.75% 2025-10-07 Best recovery within 5 -46.28% 2025-10-01 Five sessions later the drop was 85.5% bigger, at -74.75%. Month end -40.29% on 2025-09-30 same session This month ended before the fifth session after the move.
Close before and after $13.90 to $8.30 split-adjusted Session open, high, low $13.50, $13.60, $6.60 Opening gap -2.88% Close inside the session range 0.24 of the range, where 1.00 is the high Session volume 3,150,774 shares, $26,151,424 Relative volume 12.9x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
17	OCTO Eightco Holdings Inc. Also on the opposite board this month on both boards	-39.98%	2025-09-10 against the close of 2025-09-09 Session detail $73.4M market cap (today)	Offering / Dilution	Eightco Holdings Inc. Closes $270 Million Private Placement as First Worldcoin (WLD) Treasury Strategy 09/10/2025 06:00 ET premarket	Day +1 no data Day +5 no data Best recovery within 5 no data Month-end is not shown: no closing price is available for 2025-09-30.
Close before and after $40.17 to $24.11 as traded Session open, high, low $37.71, $38.94, $23.96 Opening gap -6.12% Close inside the session range 0.01 of the range, where 1.00 is the high Session volume 6,874,882 shares, $165,753,405 Relative volume 208.6x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
18	REPL Replimune Group, Inc.	-39.40%	2025-09-18 against the close of 2025-09-17 Session detail $1.49B market cap (today)	FDA & Regulatory	Replimune Provides Update Following Type A Meeting with FDA 09/18/2025 09:15 ET premarket	Day +1 -43.52% 2025-09-19 Day +5 -29.07% 2025-09-25 Best recovery within 5 -24.17% 2025-09-23 26.2% of the drop was recovered five sessions later. Month end -26.62% on 2025-09-30
Close before and after $5.71 to $3.46 split-adjusted Session open, high, low $4.12, $4.44, $3.12 Opening gap -27.85% Close inside the session range 0.26 of the range, where 1.00 is the high Session volume 27,678,130 shares, $95,766,330 Relative volume 12.4x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
19	SWIN Solowin Holdings release reads positive	-37.91%	2025-09-03 against the close of 2025-09-02 Session detail Market cap is not shown because the stored figure disagrees with the share count and price it is derived from.	M&A / Acquisition Release reads positive, stock fell 37.91%	SOLOWIN HOLDINGS Announces Intent to Acquire U.S. Licensed Bank to Accelerate Global Financial Expansion 09/02/2025 16:30 ET after hours SOLOWIN Completes $350 Million Acquisition of AlloyX, Fortifying Long-Term Vision with 12-Month Lock-Up 09/03/2025 Solowin Holdings (NASDAQ: SWIN) Capitalizing on Structural Shift in Asia 09/03/2025 AlloyX Joins Circle Alliance Program to Advance Global Stablecoin Infrastructure and RWA Tokenization 09/03/2025	Day +1 -36.49% 2025-09-04 Day +5 -30.81% 2025-09-10 Best recovery within 5 -30.81% 2025-09-10 18.7% of the drop was recovered five sessions later. Month end -38.63% on 2025-09-30
Close before and after $4.22 to $2.62 as traded Session open, high, low $4.82, $4.83, $2.38 Opening gap +14.22% Close inside the session range 0.10 of the range, where 1.00 is the high Session volume 14,927,614 shares, $39,110,349 Relative volume 28.5x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
20	VSA VisionSys AI Inc American under $25M today	-37.66%	2025-09-15 against the close of 2025-09-12 Session detail Market cap is not shown because the stored figure disagrees with the share count and price it is derived from.	Other Announcement	TCTM Kids IT Education Inc. Announces Name Change to VisionSys AI Inc. 09/15/2025 08:00 ET premarket	Day +1 -34.79% 2025-09-16 Day +5 -24.69% 2025-09-22 Best recovery within 5 -22.94% 2025-09-18 34.4% of the drop was recovered five sessions later. Month end -14.21% on 2025-09-30
Close before and after $2,005.00 to $1,250.00 split-adjusted Session open, high, low $2,100.00, $2,120.35, $1,125.00 Opening gap +4.74% Close inside the session range 0.13 of the range, where 1.00 is the high Session volume 1,019 shares, $1,273,750 Relative volume 7.5x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
21	KUKE Kuke Music Holding Limited American	-37.29%	2025-09-26 against the close of 2025-09-25 Session detail Market cap is not shown because the stored figure disagrees with the share count and price it is derived from.	M&A / Acquisition	Kuke Music Holding Limited Announces Strategic Acquisition of Controlling Interest in Naxos Music Group 09/25/2025 17:20 ET after hours	Day +1 -47.20% 2025-09-29 Day +5 -48.38% 2025-10-03 Best recovery within 5 -47.20% 2025-09-29 Five sessions later the drop was 29.7% bigger, at -48.38%. Month end -50.82% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $1.18 to $0.7400 as traded Session open, high, low $0.8100, $0.8270, $0.7034 Opening gap -31.36% Close inside the session range 0.30 of the range, where 1.00 is the high Session volume 2,299,996 shares, $1,701,997 Relative volume 77.0x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
22	LASE Laser Photonics Corporation Also on the opposite board this month on both boards	-37.19%	2025-09-02 against the close of 2025-08-29 Session detail $70.0M market cap (today)	Other Announcement	Laser Photonics Announces Warrant Exchange 09/02/2025 10:00 ET intraday	Day +1 -45.27% 2025-09-03 Day +5 -44.53% 2025-09-09 Best recovery within 5 -44.53% 2025-09-09 Five sessions later the drop was 19.7% bigger, at -44.53%. Month end +7.21% on 2025-09-30
Close before and after $4.02 to $2.53 split-adjusted Session open, high, low $3.95, $4.09, $1.71 Opening gap -1.74% Close inside the session range 0.34 of the range, where 1.00 is the high Session volume 10,693,785 shares, $27,001,807 Relative volume 89.7x the median of the 20 sessions before the pre-news close Baseline gap 4 calendar days from the pre-news close to the measured session
23	CHOW ChowChow Cloud International Holdings Limited under $25M today	-36.71%	2025-09-18 against the close of 2025-09-17 Session detail $13.5M market cap (today)	Uplisting / Compliance	ChowChow Cloud Announces Pricing of Initial Public Offering 09/17/2025 19:14 ET after hours	Day +1 -41.06% 2025-09-19 Day +5 -27.29% 2025-09-25 Best recovery within 5 -27.29% 2025-09-25 25.7% of the drop was recovered five sessions later. Month end -23.65% on 2025-09-30
Close before and after $8.50 to $5.38 split-adjusted Session open, high, low $8.50, $8.50, $4.86 Opening gap 0.00% Close inside the session range 0.14 of the range, where 1.00 is the high Session volume 902,472 shares, $4,855,299 Baseline gap 1 calendar day from the pre-news close to the measured session
24	RVPH REVIVA PHARMA HLDGS INC under $25M today	-36.43%	2025-09-19 against the close of 2025-09-18 Session detail $10.2M market cap (today)	Offering / Dilution	Reviva Pharmaceuticals Holdings, Inc. Announces Proposed Public Offering 09/18/2025 16:05 ET after hours Reviva Pharmaceuticals Holdings, Inc. Announces Pricing of $9 Million Public Offering 09/18/2025	Day +1 -26.73% 2025-09-22 Day +5 -29.66% 2025-09-26 Best recovery within 5 -26.73% 2025-09-22 18.6% of the drop was recovered five sessions later. Month end -12.11% on 2025-09-30
Close before and after $8.39 to $5.33 split-adjusted Session open, high, low $5.30, $5.35, $5.04 Opening gap -36.81% Close inside the session range 0.95 of the range, where 1.00 is the high Session volume 1,922,976 shares, $10,253,308 Relative volume 35.5x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
25	RENT Rent the Runway, Inc.	-36.38%	2025-09-12 against the close of 2025-09-11 Session detail $122.6M market cap (today)	Earnings	Rent the Runway, Inc. Announces Second Quarter 2025 Results 09/11/2025 16:01 ET after hours	Day +1 -38.40% 2025-09-15 Day +5 -37.14% 2025-09-19 Best recovery within 5 -35.23% 2025-09-17 Five sessions later the drop was 2.1% bigger, at -37.14%. Month end -37.52% on 2025-09-30
Close before and after $7.89 to $5.02 split-adjusted Session open, high, low $6.69, $6.70, $4.52 Opening gap -15.21% Close inside the session range 0.23 of the range, where 1.00 is the high Session volume 1,177,849 shares, $5,912,802 Relative volume 28.3x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
26	BYND Beyond Meat, Inc.	-36.14%	2025-09-29 against the close of 2025-09-26 Session detail Market cap is not shown because the stored figure disagrees with the share count and price it is derived from.	Other Announcement	Beyond Meat Launches Exchange Offer and Consent Solicitation Intended to Eliminate Over $800 Million of Debt with Existing Noteholder Support 09/29/2025 08:15 ET premarket	Day +1 -33.68% 2025-09-30 Day +5 -17.54% 2025-10-06 Best recovery within 5 -9.82% 2025-10-03 51.5% of the drop was recovered five sessions later. Month end -33.68% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $85.50 to $54.60 split-adjusted Session open, high, low $38.10, $66.60, $36.90 Opening gap -55.44% Close inside the session range 0.60 of the range, where 1.00 is the high Session volume 2,177,012 shares, $118,864,855 Relative volume 33.9x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
27	SNPS Synopsys Inc	-35.84%	2025-09-10 against the close of 2025-09-09 Session detail $94.47B market cap (at the time of the move, reconstructed)	Earnings	Synopsys Posts Financial Results for Third Quarter Fiscal Year 2025 09/09/2025 16:05 ET after hours	Day +1 -27.51% 2025-09-11 Day +5 -29.61% 2025-09-17 Best recovery within 5 -27.51% 2025-09-11 17.4% of the drop was recovered five sessions later. Month end -18.36% on 2025-09-30
Close before and after $604.37 to $387.78 split-adjusted Session open, high, low $427.80, $429.64, $380.84 Opening gap -29.22% Close inside the session range 0.14 of the range, where 1.00 is the high Session volume 21,155,816 shares, $8,203,802,328 Relative volume 21.1x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
28	BNGO Bionano Genomics, Inc. under $25M today More than one ranked move this month 2+ ranked moves	-35.74%	2025-09-16 against the close of 2025-09-15 Session detail $14.7M market cap (today)	Other Announcement	Bionano Genomics, Inc. Announces Pricing of $10 Million Public Oﬀering 09/16/2025 09:10 ET premarket Multiple Studies Highlighting OGM Utility For Analysis of Cancer Biomarker Chromoanagenesis Published in Dedicated Issue of Methods in Molecular Biology 09/16/2025	Day +1 -36.10% 2025-09-17 Day +5 -39.35% 2025-09-23 Best recovery within 5 -35.38% 2025-09-18 Five sessions later the drop was 10.1% bigger, at -39.35%. Month end -38.27% on 2025-09-30
Close before and after $2.77 to $1.78 split-adjusted Session open, high, low $1.58, $1.80, $1.50 Opening gap -42.96% Close inside the session range 0.93 of the range, where 1.00 is the high Session volume 12,293,810 shares, $21,882,982 Relative volume 69.9x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
29	CODX Co-Diagnostics, Inc. under $25M today Also on the opposite board this month on both boards	-34.71%	2025-09-17 against the close of 2025-09-16 Session detail $7.7M market cap (today)	Offering / Dilution	Co-Diagnostics, Inc. Announces Pricing of $3.8 Million Registered Direct Offering of Common Stock Priced At-The-Market Under Nasdaq Rules 09/17/2025 09:47 ET intraday	Day +1 -32.69% 2025-09-18 Day +5 -35.25% 2025-09-24 Best recovery within 5 -31.45% 2025-09-19 Five sessions later the drop was 1.6% bigger, at -35.25%. Month end -46.15% on 2025-09-30
Close before and after $19.16 to $12.51 split-adjusted Session open, high, low $16.79, $17.40, $11.52 Opening gap -12.40% Close inside the session range 0.17 of the range, where 1.00 is the high Session volume 670,365 shares, $8,388,277 Relative volume 45.4x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
30	LRMR Larimar Therapeutics, Inc.	-33.66%	2025-09-29 against the close of 2025-09-26 Session detail $432.2M market cap (today)	Other Announcement	Larimar Therapeutics Announces Conference Call on the Nomlabofusp Program for the Treatment of Friedreich’s Ataxia 09/28/2025 17:00 ET after hours Larimar Therapeutics Announces Positive Data from Ongoing Long-term Open Label Study and Updates to Nomlabofusp Program for Friedreich’s Ataxia 09/29/2025	Day +1 -36.60% 2025-09-30 Day +5 -5.59% 2025-10-06 Best recovery within 5 -4.42% 2025-10-03 83.4% of the drop was recovered five sessions later. Month end -36.60% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $5.10 to $3.38 split-adjusted Session open, high, low $3.56, $4.00, $3.10 Opening gap -30.13% Close inside the session range 0.31 of the range, where 1.00 is the high Session volume 23,784,277 shares, $80,390,856 Relative volume 16.1x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
31	HSDT Solana Company Also on the opposite board this month on both boards	-33.61%	2025-09-22 against the close of 2025-09-19 Session detail $129.4M market cap (today)	Crypto & Treasury	Helius (NASDAQ:HSDT) Begins Purchases of SOL, the Native Asset of Solana Blockchain 09/22/2025 07:00 ET premarket	Day +1 -33.57% 2025-09-23 Day +5 -40.28% 2025-09-29 Best recovery within 5 -33.57% 2025-09-23 Five sessions later the drop was 19.8% bigger, at -40.28%. Month end -38.29% on 2025-09-30
Close before and after $24.13 to $16.02 split-adjusted Session open, high, low $22.05, $22.28, $16.02 Opening gap -8.62% Close inside the session range 0.00 of the range, where 1.00 is the high Session volume 603,359 shares, $9,665,811 Relative volume 15.9x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
32	WINT WINDTREE THERAPEUTICS NEW under $25M today release reads positive	-33.12%	2025-09-02 against the close of 2025-08-29 Session detail Market cap is not shown because the stored figure disagrees with the share count and price it is derived from.	Other Announcement Release reads positive, stock fell 33.12%	Windtree Therapeutics Stockholders Approve Key Proposals for Revenue and Profit Generation at the Special Stockholder Meeting 09/02/2025 09:00 ET premarket	Day +1 -19.98% 2025-09-03 Day +5 -29.55% 2025-09-09 Best recovery within 5 -15.88% 2025-09-04 10.8% of the drop was recovered five sessions later. Month end -29.23% on 2025-09-30
Close before and after $0.0951 to $0.0636 split-adjusted Session open, high, low $0.0906, $0.0950, $0.0580 Opening gap -4.73% Close inside the session range 0.15 of the range, where 1.00 is the high Session volume 2,322,685 shares, $147,723 Relative volume 1.7x the median of the 20 sessions before the pre-news close Baseline gap 4 calendar days from the pre-news close to the measured session
33	EVTV More than one ranked move this month 2+ ranked moves	-32.84%	2025-09-15 against the close of 2025-09-12 Session detail $29.9M market cap (today)	Other Announcement	Envirotech Vehicles, Inc. Unveils America’s First 1,500 Pound Lift Drone With Agricultural Spray And Fire Protection Capabilities 09/15/2025 06:30 ET premarket	Day +1 -47.06% 2025-09-16 Day +5 -45.34% 2025-09-22 Best recovery within 5 -45.34% 2025-09-22 Five sessions later the drop was 38.1% bigger, at -45.34%. Month end -63.24% on 2025-09-30
Close before and after $4.08 to $2.74 as traded Session open, high, low $5.07, $5.07, $2.56 Opening gap +24.26% Close inside the session range 0.07 of the range, where 1.00 is the high Session volume 14,802,901 shares, $40,559,949 Relative volume 288.1x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
34	HUHU HUHUTECH International Group Inc.	-32.76%	2025-09-22 against the close of 2025-09-19 Session detail $117.0M market cap (today)	Earnings	HUHUTECH International Group Inc. Announces First Half of Fiscal Year 2025 Financial Results 09/19/2025 16:25 ET after hours	Day +1 -43.19% 2025-09-23 Day +5 -41.60% 2025-09-29 Best recovery within 5 -41.47% 2025-09-26 Five sessions later the drop was 27.0% bigger, at -41.60%. Month end -36.93% on 2025-09-30
Close before and after $8.15 to $5.48 split-adjusted Session open, high, low $6.83, $7.90, $4.85 Opening gap -16.20% Close inside the session range 0.21 of the range, where 1.00 is the high Session volume 316,318 shares, $1,733,423 Relative volume 4.9x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
35	LEXX Lexaria Bioscience Corp. under $25M today	-31.37%	2025-09-26 against the close of 2025-09-25 Session detail $19.2M market cap (today)	Offering / Dilution	Lexaria Bioscience Corp. Announces $4.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules 09/26/2025 08:00 ET premarket	Day +1 -35.76% 2025-09-29 Day +5 -42.56% 2025-10-03 Best recovery within 5 -35.76% 2025-09-29 Five sessions later the drop was 35.7% bigger, at -42.56%. Month end -37.73% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $22.95 to $15.75 split-adjusted Session open, high, low $18.00, $18.00, $15.45 Opening gap -21.57% Close inside the session range 0.12 of the range, where 1.00 is the high Session volume 808,789 shares, $12,738,427 Relative volume 78.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
36	YAAS Youxin Technology Ltd More than one ranked move this month Also on the opposite board this month 2+ ranked moves on both boards	-31.08%	2025-09-26 against the close of 2025-09-25 Session detail $40.7M market cap (today)	Uplisting / Compliance	Youxin Technology Ltd Receives Nasdaq Delisting Determination, Plans to Appeal, and Announces 1-for-80 Share Consolidation 09/26/2025 11:45 ET intraday	Day +1 -53.74% 2025-09-29 Day +5 -66.92% 2025-10-03 Best recovery within 5 -53.74% 2025-09-29 Five sessions later the drop was 115.3% bigger, at -66.92%. Month end -59.62% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $39.00 to $26.88 split-adjusted Session open, high, low $40.00, $43.84, $26.00 Opening gap +2.56% Close inside the session range 0.05 of the range, where 1.00 is the high Session volume 423,639 shares, $11,387,416 Relative volume 5.6x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
37	DAVA Endava plc American	-30.67%	2025-09-04 against the close of 2025-09-03 Session detail $171.7M market cap (today)	Clinical Trial Results	Endava Announces Fourth Quarter Fiscal Year 2025 & Fiscal Year 2025 Results 09/04/2025 07:19 ET premarket	Day +1 -29.21% 2025-09-05 Day +5 -30.46% 2025-09-11 Best recovery within 5 -29.21% 2025-09-05 0.7% of the drop was recovered five sessions later. Month end -36.72% on 2025-09-30
Close before and after $14.38 to $9.97 split-adjusted Session open, high, low $10.82, $11.11, $9.84 Opening gap -24.76% Close inside the session range 0.10 of the range, where 1.00 is the high Session volume 9,788,253 shares, $97,588,882 Relative volume 12.4x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
38	ATCH AtlasClear Holdings, Inc. Also on the opposite board this month on both boards	-29.95%	2025-09-30 against the close of 2025-09-29 Session detail $29.7M market cap (today)	Earnings	AtlasClear Holdings Announces Fourth Quarter and Full Year Fiscal 2025 Financial Results and Corporate Update 09/29/2025 17:37 ET after hours	Day +1 -37.06% 2025-10-01 Day +5 -45.69% 2025-10-07 Best recovery within 5 -35.01% 2025-10-02 Five sessions later the drop was 52.6% bigger, at -45.69%. Month end -29.95% on 2025-09-30 same session This month ended before the fifth session after the move.
Close before and after $0.7280 to $0.5100 split-adjusted Session open, high, low $0.5637, $0.5799, $0.4722 Opening gap -22.57% Close inside the session range 0.35 of the range, where 1.00 is the high Session volume 60,268,442 shares, $30,736,905 Relative volume 1.3x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
39	INHD Inno Holdings Inc. under $25M today	-29.76%	2025-09-10 against the close of 2025-09-09 Session detail $16.6M market cap (today)	Offering / Dilution	Inno Holdings Inc. Announces $7.2 Million Registered Direct Offering 09/10/2025 09:00 ET premarket	Day +1 -31.71% 2025-09-11 Day +5 -46.59% 2025-09-17 Best recovery within 5 -31.71% 2025-09-11 Five sessions later the drop was 56.6% bigger, at -46.59%. Month end -80.67% on 2025-09-30
Close before and after $3,451.20 to $2,424.00 split-adjusted Session open, high, low $2,937.60, $3,360.00, $2,088.00 Opening gap -14.88% Close inside the session range 0.26 of the range, where 1.00 is the high Session volume 3,653 shares, $8,854,872 Relative volume 5.3x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
40	ENVB Enveric Biosciences, Inc. under $25M today release reads positive	-29.30%	2025-09-17 against the close of 2025-09-16 Session detail $6.5M market cap (today)	Offering / Dilution Release reads positive, stock fell 29.30%	Enveric Biosciences Announces Exercise of Warrants for $2.2 Million Gross Proceeds 09/17/2025 09:24 ET premarket Enveric Biosciences Announces Publication of Two Peer-Reviewed Articles Highlighting Novel Bioproduction Methods for Neuropsychiatric Drug Discovery 09/17/2025	Day +1 -31.15% 2025-09-18 Day +5 -35.72% 2025-09-24 Best recovery within 5 -31.15% 2025-09-18 Five sessions later the drop was 21.9% bigger, at -35.72%. Month end -30.12% on 2025-09-30
Close before and after $10.98 to $7.76 split-adjusted Session open, high, low $9.97, $10.20, $7.42 Opening gap -9.18% Close inside the session range 0.12 of the range, where 1.00 is the high Session volume 256,804 shares, $1,993,518 Relative volume 25.9x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
41	SIDU Sidus Space, Inc.	-28.70%	2025-09-15 against the close of 2025-09-12 Session detail $229.8M market cap (today)	Offering / Dilution	Sidus Space Announces Proposed Public Offering 09/12/2025 18:25 ET after hours Sidus Space Announces Pricing of Public Offering 09/14/2025 Sidus Space Appoints Lawrence Hollister as Chief Business Officer to Drive Strategic Growth and Market Expansion 09/15/2025	Day +1 -21.21% 2025-09-16 Day +5 -18.94% 2025-09-22 Best recovery within 5 -18.18% 2025-09-18 34.0% of the drop was recovered five sessions later. Month end -21.21% on 2025-09-30
Close before and after $1.32 to $0.9411 split-adjusted Session open, high, low $0.9932, $1.00, $0.9310 Opening gap -24.76% Close inside the session range 0.15 of the range, where 1.00 is the high Session volume 15,739,167 shares, $14,812,130 Relative volume 23.0x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
42	BNGO under $25M today More than one ranked move this month 2+ ranked moves	-28.61%	2025-09-15 against the close of 2025-09-12 Session detail $14.7M market cap (today)	Other Announcement	CMS Posts Preliminary Payment Determination for New Category I CPT Code Covering Use of OGM for Constitutional Genetic Disorders 09/15/2025 07:00 ET premarket	Day +1 -54.12% 2025-09-16 Day +5 -54.64% 2025-09-22 Best recovery within 5 -53.87% 2025-09-18 Five sessions later the drop was 91.0% bigger, at -54.64%. Month end -55.93% on 2025-09-30
Close before and after $3.88 to $2.77 split-adjusted Session open, high, low $3.41, $3.45, $2.77 Opening gap -12.11% Close inside the session range 0.00 of the range, where 1.00 is the high Session volume 2,601,551 shares, $7,206,296 Relative volume 17.4x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
43	INDP Indaptus Therapeutics, Inc.	-28.35%	2025-09-05 against the close of 2025-09-04 Session detail $145.9M market cap (today)	Clinical Trial Results	Indaptus Therapeutics Provides Clinical Update 09/04/2025 16:01 ET after hours	Day +1 -36.88% 2025-09-08 Day +5 -44.03% 2025-09-12 Best recovery within 5 -36.88% 2025-09-08 Five sessions later the drop was 55.3% bigger, at -44.03%. Month end -37.74% on 2025-09-30
Close before and after $4.61 to $3.30 split-adjusted Session open, high, low $4.00, $4.90, $3.21 Opening gap -13.23% Close inside the session range 0.06 of the range, where 1.00 is the high Session volume 132,834 shares, $438,751 Relative volume 22.1x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
44	GDC GD Culture Group Limited under $25M today	-28.16%	2025-09-16 against the close of 2025-09-15 Session detail $6.2M market cap (today)	M&A / Acquisition	GD Culture Enters into Share Exchange Agreement to Acquire Pallas Capital’s Assets, Including 7,500 Bitcoin, for 39,189,344 Shares 09/16/2025 08:30 ET premarket	Day +1 -20.86% 2025-09-17 Day +5 -39.98% 2025-09-23 Best recovery within 5 -18.71% 2025-09-18 Five sessions later the drop was 42.0% bigger, at -39.98%. Month end -39.05% on 2025-09-30
Close before and after $2,432.50 to $1,747.50 split-adjusted Session open, high, low $2,478.75, $2,478.75, $1,625.00 Opening gap +1.90% Close inside the session range 0.14 of the range, where 1.00 is the high Session volume 3,316 shares, $5,794,710 Relative volume 24.0x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
45	ASST Strive, Inc. More than one ranked move this month 2+ ranked moves	-27.97%	2025-09-16 against the close of 2025-09-15 Session detail $1.92B market cap (today)	M&A / Acquisition	Strive Announces Acquisition of MSTR True North Inc. Appoints Jeff Walton as Chief Risk Officer & CEO of True North 09/16/2025 07:15 ET premarket	Day +1 -40.84% 2025-09-17 Day +5 -46.14% 2025-09-23 Best recovery within 5 -30.87% 2025-09-19 Five sessions later the drop was 65.0% bigger, at -46.14%. Month end -59.81% on 2025-09-30
Close before and after $124.40 to $89.60 split-adjusted Session open, high, low $116.20, $120.00, $89.00 Opening gap -6.59% Close inside the session range 0.02 of the range, where 1.00 is the high Session volume 1,076,282 shares, $96,434,867 Relative volume 4.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
46	COCH Envoy Medical, Inc.	-27.90%	2025-09-22 against the close of 2025-09-19 Session detail $57.7M market cap (today)	Offering / Dilution	Envoy Medical Announces $2.5 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules 09/22/2025 08:00 ET premarket	Day +1 -35.11% 2025-09-23 Day +5 -38.94% 2025-09-29 Best recovery within 5 -35.04% 2025-09-25 Five sessions later the drop was 39.6% bigger, at -38.94%. Month end -40.79% on 2025-09-30
Close before and after $1.31 to $0.9445 split-adjusted Session open, high, low $1.10, $1.25, $0.8815 Opening gap -16.03% Close inside the session range 0.17 of the range, where 1.00 is the high Session volume 1,727,165 shares, $1,631,307 Relative volume 21.5x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
47	FGNX	-27.83%	2025-09-08 against the close of 2025-09-05 Session detail $40.1M market cap (today)	Clinical Trial Results	Fundamental Global Inc. Amends its Charter with the State of Nevada 09/05/2025 16:05 ET after hours	Day +1 -22.53% 2025-09-09 Day +5 -27.52% 2025-09-15 Best recovery within 5 -22.53% 2025-09-09 1.1% of the drop was recovered five sessions later. Month end -42.99% on 2025-09-30
Close before and after $48.15 to $34.75 split-adjusted Session open, high, low $39.25, $42.50, $33.45 Opening gap -18.48% Close inside the session range 0.14 of the range, where 1.00 is the high Session volume 67,846 shares, $2,357,649 Baseline gap 3 calendar days from the pre-news close to the measured session
48	ALMU Aeluma, Inc.	-27.47%	2025-09-10 against the close of 2025-09-09 Session detail $260.3M market cap (today)	Earnings	Aeluma Announces Fourth Quarter and Full Fiscal Year 2025 Financial Results 09/09/2025 16:30 ET after hours	Day +1 -18.35% 2025-09-11 Day +5 -6.32% 2025-09-17 Best recovery within 5 -5.99% 2025-09-16 77.0% of the drop was recovered five sessions later. Month end -11.54% on 2025-09-30
Close before and after $18.20 to $13.20 split-adjusted Session open, high, low $16.10, $16.44, $13.02 Opening gap -11.54% Close inside the session range 0.05 of the range, where 1.00 is the high Session volume 1,570,032 shares, $20,724,422 Relative volume 7.0x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
49	SMX SMX (Security Matters) Public Limited Company under $25M today	-27.38%	2025-09-03 against the close of 2025-09-02 Session detail $18.0M market cap (today)	Other Announcement	SMX and Singapore Turn Waste Into Wealth By Making Plastic A New Asset Class (NASDAQ:SMX) 09/03/2025 07:00 ET premarket SMX and Singapore's ASTAR Alliance Set Global Benchmark for Plastics Recycling (NASDAQ:SMX) 09/03/2025	Day +1 -10.12% 2025-09-04 Day +5 -20.83% 2025-09-10 Best recovery within 5 -10.12% 2025-09-04 23.9% of the drop was recovered five sessions later. Month end -13.10% on 2025-09-30
Close before and after $32,688.52 to $23,738.09 split-adjusted Session open, high, low $30,159.48, $30,548.63, $23,348.94 Opening gap -7.74% Close inside the session range 0.05 of the range, where 1.00 is the high Session volume 204 shares, $4,842,570 Relative volume 16.3x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
50	ZGM Zenta Group Company Limited under $25M today release reads positive	-27.11%	2025-09-11 against the close of 2025-09-10 Session detail $18.2M market cap (today)	Uplisting / Compliance Release reads positive, stock fell 27.11%	Zenta Group Company Limited Announces Closing of $6.0 Million Initial Public Offering 09/10/2025 16:05 ET after hours	Day +1 +7.63% 2025-09-12 Day +5 -5.79% 2025-09-18 Best recovery within 5 +7.63% 2025-09-12 78.6% of the drop was recovered five sessions later. Month end -10.53% on 2025-09-30
Close before and after $3.80 to $2.77 as traded Session open, high, low $3.80, $4.37, $2.00 Opening gap 0.00% Close inside the session range 0.32 of the range, where 1.00 is the high Session volume 1,601,113 shares, $4,435,083 Baseline gap 1 calendar day from the pre-news close to the measured session
51	ASST Strive, Inc. More than one ranked move this month 2+ ranked moves	-26.74%	2025-09-15 against the close of 2025-09-12 Session detail $1.92B market cap (today)	M&A / Acquisition	Strive, Inc. Announces Completion of Merger Between Asset Entities and Strive Enterprises, Inc. 09/12/2025 16:30 ET after hours Strive Announces Board of Directors and Initial Bitcoin Strategy 09/15/2025	Day +1 -47.23% 2025-09-16 Day +5 -51.71% 2025-09-22 Best recovery within 5 -47.23% 2025-09-16 Five sessions later the drop was 93.4% bigger, at -51.71%. Month end -70.55% on 2025-09-30
Close before and after $169.80 to $124.40 split-adjusted Session open, high, low $156.80, $157.80, $121.20 Opening gap -7.66% Close inside the session range 0.09 of the range, where 1.00 is the high Session volume 838,679 shares, $104,331,668 Relative volume 4.3x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
52	SCYX SCYNEXIS, Inc.	-26.67%	2025-09-30 against the close of 2025-09-29 Session detail $51.6M market cap (today)	Clinical Trial Results	SCYNEXIS Announces Positive Results from a Phase 1, Single Ascending Dose and Multiple Ascending Dose Study of its Second-Generation Fungerp (SCY-247) 09/30/2025 08:00 ET premarket	Day +1 -23.01% 2025-10-01 Day +5 -24.51% 2025-10-07 Best recovery within 5 -23.01% 2025-10-01 8.1% of the drop was recovered five sessions later. Month end -26.67% on 2025-09-30 same session This month ended before the fifth session after the move.
Close before and after $8.40 to $6.16 split-adjusted Session open, high, low $6.97, $7.60, $5.96 Opening gap -16.99% Close inside the session range 0.12 of the range, where 1.00 is the high Session volume 439,793 shares, $2,709,125 Relative volume 13.9x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
53	SNGX Soligenix, Inc. under $25M today	-25.93%	2025-09-26 against the close of 2025-09-25 Session detail $8.8M market cap (today)	Offering / Dilution	Soligenix Announces Pricing of $7.5 Million Public Offering 09/26/2025 06:33 ET premarket	Day +1 -31.48% 2025-09-29 Day +5 -14.81% 2025-10-03 Best recovery within 5 -14.81% 2025-10-03 42.9% of the drop was recovered five sessions later. Month end -28.40% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $1.62 to $1.20 split-adjusted Session open, high, low $1.19, $1.29, $1.16 Opening gap -26.54% Close inside the session range 0.31 of the range, where 1.00 is the high Session volume 6,820,278 shares, $8,184,334 Relative volume 27.7x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
54	ZENV Zenvia Inc. under $25M today release reads positive	-25.49%	2025-09-11 against the close of 2025-09-10 Session detail $24.6M market cap (today)	Earnings Release reads positive, stock fell 25.49%	ZENVIA Reports Q2 2025 Results 09/10/2025 18:30 ET after hours	Day +1 -29.69% 2025-09-12 Day +5 -34.44% 2025-09-18 Best recovery within 5 -29.69% 2025-09-12 Five sessions later the drop was 35.1% bigger, at -34.44%. Month end -24.93% on 2025-09-30
Close before and after $1.79 to $1.33 as traded Session open, high, low $1.45, $1.56, $1.23 Opening gap -18.77% Close inside the session range 0.30 of the range, where 1.00 is the high Session volume 525,750 shares, $699,248 Relative volume 23.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
55	MITQ Moving iMage Technologies, Inc. under $25M today release reads positive	-25.40%	2025-09-26 against the close of 2025-09-25 Session detail $5.8M market cap (today)	Other Announcement Release reads positive, stock fell 25.40%	Moving iMage Technologies' Q4 Net Loss Improved to ($156,000) vs. ($416,000) Last Year and Year-End Net Cash Rises to $5.7M; Hosts Call Today at 11am ET 09/26/2025 07:41 ET premarket	Day +1 -22.11% 2025-09-29 Day +5 -21.43% 2025-10-03 Best recovery within 5 -21.43% 2025-10-03 15.6% of the drop was recovered five sessions later. Month end -26.29% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $1.26 to $0.9400 split-adjusted Session open, high, low $1.23, $1.23, $0.9003 Opening gap -2.38% Close inside the session range 0.12 of the range, where 1.00 is the high Session volume 677,599 shares, $636,943 Relative volume 2.1x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
56	CNM Core & Main, Inc.	-25.36%	2025-09-09 against the close of 2025-09-08 Session detail $8.25B market cap (today)	Earnings	Core & Main Announces Fiscal 2025 Second Quarter Results 09/09/2025 07:30 ET premarket	Day +1 -27.08% 2025-09-10 Day +5 -25.63% 2025-09-16 Best recovery within 5 -25.27% 2025-09-15 Five sessions later the drop was 1.1% bigger, at -25.63%. Month end -19.16% on 2025-09-30
Close before and after $66.59 to $49.70 split-adjusted Session open, high, low $51.12, $52.87, $48.63 Opening gap -23.23% Close inside the session range 0.25 of the range, where 1.00 is the high Session volume 21,197,611 shares, $1,053,521,267 Relative volume 14.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
57	CURV Torrid Holdings Inc.	-25.21%	2025-09-05 against the close of 2025-09-04 Session detail $209.0M market cap (today)	Earnings	Torrid Reports Second Quarter 2025 Results 09/04/2025 16:05 ET after hours	Day +1 -30.67% 2025-09-08 Day +5 -19.75% 2025-09-12 Best recovery within 5 -18.91% 2025-09-11 21.7% of the drop was recovered five sessions later. Month end -26.47% on 2025-09-30
Close before and after $2.38 to $1.78 split-adjusted Session open, high, low $2.03, $2.10, $1.76 Opening gap -14.71% Close inside the session range 0.06 of the range, where 1.00 is the high Session volume 6,192,350 shares, $11,022,383 Relative volume 13.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
58	SMMT	-25.15%	2025-09-08 against the close of 2025-09-05 session reconstructed Session detail $16.48B market cap (at the time of the move, reconstructed)	Clinical Trial Results catalyst from a later release the same session	Ivonescimab Plus Chemotherapy Demonstrates Consistent Global Benefit: HARMONi Data Update Shows OS HR=0.78, Nominal P=0.0332 09/07/2025 06:08 ET premarket Longer-Term Follow-Up of Western Patients Showed Improving, Favorable Trend in Overall Survival in Global Phase III HARMONi Clinical Trial for Ivonescimab Plus Chemotherapy in 2L+ EGFRm NSCLC 09/07/2025	Day +1 -27.54% 2025-09-09 Day +5 -27.10% 2025-09-15 Best recovery within 5 -27.10% 2025-09-12 Five sessions later the drop was 7.8% bigger, at -27.10%. Month end -20.48% on 2025-09-30
Close before and after $25.98 to $19.45 split-adjusted Session open, high, low $21.53, $22.78, $19.10 Opening gap -17.13% Close inside the session range 0.09 of the range, where 1.00 is the high Session volume 16,175,154 shares, $314,525,870 Relative volume 6.3x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
59	PSQH	-25.09%	2025-09-25 against the close of 2025-09-24 Session detail $25.6M market cap (today)	Crypto & Treasury	PublicSquare to Launch Crypto Treasury as a Service to Its Robust Merchant Ecosystem 09/25/2025 08:30 ET premarket	Day +1 -28.62% 2025-09-26 Day +5 -32.16% 2025-10-02 Best recovery within 5 -28.62% 2025-09-26 Five sessions later the drop was 28.2% bigger, at -32.16%. Month end -32.51% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $42.45 to $31.80 split-adjusted Session open, high, low $40.50, $40.71, $30.90 Opening gap -4.59% Close inside the session range 0.09 of the range, where 1.00 is the high Session volume 557,846 shares, $17,739,503 Relative volume 9.2x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
60	INBS Intelligent Bio Solutions Inc. under $25M today	-25.00%	2025-09-17 against the close of 2025-09-16 Session detail $7.1M market cap (today)	FDA & Regulatory	Intelligent Bio Solutions Provides Update on FDA 510(k) Clearance Process for Intelligent Fingerprinting Drug Screening System 09/17/2025 08:30 ET premarket	Day +1 -24.47% 2025-09-18 Day +5 -27.66% 2025-09-24 Best recovery within 5 -24.47% 2025-09-18 Five sessions later the drop was 10.6% bigger, at -27.66%. Month end -45.74% on 2025-09-30
Close before and after $18.80 to $14.10 split-adjusted Session open, high, low $15.00, $15.50, $13.80 Opening gap -20.21% Close inside the session range 0.18 of the range, where 1.00 is the high Session volume 155,319 shares, $2,189,998 Relative volume 12.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
61	AIRE reAlpha Tech Corp. under $25M today Also on the opposite board this month on both boards	-24.69%	2025-09-23 against the close of 2025-09-22 Session detail $9.7M market cap (today)	Uplisting / Compliance	reAlpha Regains Compliance With Nasdaq Minimum Market Value of Listed Securities Requirement 09/23/2025 07:30 ET premarket	Day +1 +2.38% 2025-09-24 Day +5 -17.53% 2025-09-30 Best recovery within 5 +2.38% 2025-09-24 29.0% of the drop was recovered five sessions later. Month end -17.53% on 2025-09-30
Close before and after $23.25 to $17.51 split-adjusted Session open, high, low $21.50, $22.72, $16.65 Opening gap -7.53% Close inside the session range 0.14 of the range, where 1.00 is the high Session volume 941,952 shares, $16,493,580 Relative volume 1.2x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
62	HAIN Hain Celestial Group Inc	-24.65%	2025-09-15 against the close of 2025-09-12 Session detail $78.9M market cap (today)	Earnings	Hain Celestial Reports Fiscal Fourth Quarter and Fiscal Year 2025 Financial Results 09/15/2025 07:00 ET premarket	Day +1 -30.70% 2025-09-16 Day +5 -23.26% 2025-09-22 Best recovery within 5 -23.26% 2025-09-22 5.6% of the drop was recovered five sessions later. Month end -26.51% on 2025-09-30
Close before and after $2.15 to $1.62 split-adjusted Session open, high, low $1.72, $1.73, $1.42 Opening gap -20.00% Close inside the session range 0.64 of the range, where 1.00 is the high Session volume 12,779,468 shares, $20,702,738 Relative volume 14.8x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
63	XTIA XTI Aerospace, Inc.	-24.63%	2025-09-12 against the close of 2025-09-11 Session detail $54.6M market cap (today)	Offering / Dilution	XTI Aerospace Announces Proposed Public Offering 09/11/2025 16:08 ET after hours XTI Aerospace Announces Pricing of $20 Million Public Offering 09/12/2025	Day +1 -25.62% 2025-09-15 Day +5 -21.18% 2025-09-19 Best recovery within 5 -21.18% 2025-09-19 14.0% of the drop was recovered five sessions later. Month end -27.59% on 2025-09-30
Close before and after $2.03 to $1.53 split-adjusted Session open, high, low $1.54, $1.59, $1.31 Opening gap -24.14% Close inside the session range 0.80 of the range, where 1.00 is the high Session volume 19,551,287 shares, $29,913,469 Relative volume 20.9x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
64	YOUL Youlife Group Inc. American	-24.20%	2025-09-10 against the close of 2025-09-09 Session detail $39.7M market cap (today)	Other Announcement	Youlife Group Inc. to Host Its Virtual Investor Event on September 18, 2025 09/10/2025 10:02 ET intraday	Day +1 -26.48% 2025-09-11 Day +5 -21.00% 2025-09-17 Best recovery within 5 -17.35% 2025-09-12 13.2% of the drop was recovered five sessions later. Month end -22.83% on 2025-09-30
Close before and after $2.19 to $1.66 split-adjusted Session open, high, low $1.90, $1.96, $1.55 Opening gap -13.24% Close inside the session range 0.27 of the range, where 1.00 is the high Session volume 2,196,096 shares, $3,645,519 Relative volume 17.6x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
65	BCDA BioCardia, Inc. under $25M today	-23.78%	2025-09-18 against the close of 2025-09-17 Session detail $17.1M market cap (today)	Offering / Dilution catalyst from a later release the same session	BioCardia Announces CardiAMP Chronic Myocardial Ischemia Trial Top Line Data of Roll-in Cohort Show Improved Exercise Tolerance and Reduced Angina Episodes at Six-Month Primary Follow-up 09/18/2025 07:00 ET premarket BioCardia Announces Pricing of Up To $12 Million Public Offering 09/18/2025	Day +1 -24.43% 2025-09-19 Day +5 -8.14% 2025-09-25 Best recovery within 5 -3.58% 2025-09-24 65.8% of the drop was recovered five sessions later. Month end -15.96% on 2025-09-30
Close before and after $1.54 to $1.17 split-adjusted Session open, high, low $1.15, $1.23, $1.00 Opening gap -25.08% Close inside the session range 0.74 of the range, where 1.00 is the high Session volume 19,997,195 shares, $23,396,718 Relative volume 539.4x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
66	MFH Mercurity Fintech Holding Inc.	-23.18%	2025-09-04 against the close of 2025-09-03 Session detail $784.0M market cap (today)	Crypto & Treasury	Mercurity Fintech’s Chief Strategy Officer and Director, Wilfred Daye, Discusses Digital Asset Infrastructure and Business Objectives on Bloomberg TV’s New to The Street 09/04/2025 09:00 ET premarket	Day +1 -21.93% 2025-09-05 Day +5 +3.21% 2025-09-11 Best recovery within 5 +14.39% 2025-09-10 It recovered the whole drop and closed 3.21% above the pre-news price. Month end +243.30% on 2025-09-30
Close before and after $7.16 to $5.50 as traded Session open, high, low $7.09, $7.11, $5.24 Opening gap -0.98% Close inside the session range 0.14 of the range, where 1.00 is the high Session volume 441,682 shares, $2,429,251 Relative volume 2.9x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
67	GPUS Hyperscale Data, Inc.	-22.42%	2025-09-02 against the close of 2025-08-29 Session detail Market cap is not shown because the stored figure disagrees with the share count and price it is derived from.	Offering / Dilution	Hyperscale Data Announces "At-the-Market" Offering of Common Stock 08/29/2025 16:22 ET after hours Hyperscale Data Announces Plan to Add $20 Million in Bitcoin to Its Balance Sheet 09/02/2025 Hyperscale Data Reports Weekly and Total $XRP Purchases and Total Bitcoin Holdings 09/02/2025	Day +1 -19.53% 2025-09-03 Day +5 -28.88% 2025-09-09 Best recovery within 5 -17.60% 2025-09-05 Five sessions later the drop was 28.8% bigger, at -28.88%. Month end -14.64% on 2025-09-30
Close before and after $2.66 to $2.07 split-adjusted Session open, high, low $2.65, $2.65, $2.02 Opening gap -0.54% Close inside the session range 0.08 of the range, where 1.00 is the high Session volume 659,827 shares, $1,363,862 Relative volume 2.5x the median of the 20 sessions before the pre-news close Baseline gap 4 calendar days from the pre-news close to the measured session
68	AACT Ares Acquisition Corporation II	-22.11%	2025-09-23 against the close of 2025-09-22 Session detail $587.0M market cap (today)	Reverse Merger / Shell	Kodiak and Ares Acquisition Corporation II Have Raised Over $275 Million to Support Proposed Business Combination Following Redemptions 09/23/2025 06:30 ET premarket	Day +1 -16.75% 2025-09-24 Day +5 no data Best recovery within 5 so far -16.75% 2025-09-24 Month-end is not shown: no closing price is available for 2025-09-30.
Close before and after $11.40 to $8.88 as traded Session open, high, low $11.30, $11.30, $8.64 Opening gap -0.88% Close inside the session range 0.09 of the range, where 1.00 is the high Session volume 1,003,510 shares, $8,911,169 Relative volume 2.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
69	RECT Rectitude Holdings Ltd under $25M today	-21.94%	2025-09-08 against the close of 2025-09-05 Session detail $19.4M market cap (today)	Crypto & Treasury	Rectitude Holdings Announces $32.6 Million Standby Equity Purchase Agreement to Launch a Bitcoin Treasury Strategy 09/08/2025 08:00 ET premarket	Day +1 -20.46% 2025-09-09 Day +5 -21.10% 2025-09-15 Best recovery within 5 -15.61% 2025-09-12 3.8% of the drop was recovered five sessions later. Month end -21.73% on 2025-09-30
Close before and after $4.74 to $3.70 split-adjusted Session open, high, low $4.66, $4.98, $3.19 Opening gap -1.69% Close inside the session range 0.28 of the range, where 1.00 is the high Session volume 458,654 shares, $1,697,020 Relative volume 288.7x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
70	WOK WORK Medical Technology Group LTD under $25M today More than one ranked move this month 2+ ranked moves	-21.78%	2025-09-25 against the close of 2025-09-24 Session detail $5.5M market cap (today)	Offering / Dilution	WORK Medical Technology Group LTD Announces Pricing of $2.9 Million Registered Direct Offering 09/25/2025 13:10 ET intraday	Day +1 -25.87% 2025-09-26 Day +5 -28.00% 2025-10-02 Best recovery within 5 -25.87% 2025-09-26 Five sessions later the drop was 28.6% bigger, at -28.00%. Month end -33.42% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $112,500.00 to $88,000.00 split-adjusted Session open, high, low $149,600.00, $155,000.00, $82,100.00 Opening gap +32.98% Close inside the session range 0.08 of the range, where 1.00 is the high Session volume 284 shares, $24,992,000 Baseline gap 1 calendar day from the pre-news close to the measured session
71	ELUT Elutia Inc.	-21.54%	2025-09-09 against the close of 2025-09-08 Session detail $44.7M market cap (today)	M&A / Acquisition	Elutia Announces Sale of BioEnvelope Business to Boston Scientific Corporation for $88 Million 09/09/2025 08:30 ET premarket	Day +1 -27.66% 2025-09-10 Day +5 -37.23% 2025-09-16 Best recovery within 5 -27.66% 2025-09-10 Five sessions later the drop was 72.8% bigger, at -37.23%. Month end -52.65% on 2025-09-30
Close before and after $1.88 to $1.48 split-adjusted Session open, high, low $1.92, $1.96, $1.47 Opening gap +2.13% Close inside the session range 0.01 of the range, where 1.00 is the high Session volume 1,340,111 shares, $1,976,664 Relative volume 37.2x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
72	FARM Farmer Bros Co	-21.46%	2025-09-12 against the close of 2025-09-11 Session detail $28.1M market cap (today)	Earnings	Farmer Brothers Coffee Reports Fourth Quarter and Full Year Fiscal 2025 Financial Results 09/11/2025 16:15 ET after hours	Day +1 -20.60% 2025-09-15 Day +5 -18.45% 2025-09-19 Best recovery within 5 -18.45% 2025-09-19 14.0% of the drop was recovered five sessions later. Month end -26.61% on 2025-09-30
Close before and after $2.33 to $1.83 as traded Session open, high, low $1.97, $2.01, $1.71 Opening gap -15.45% Close inside the session range 0.40 of the range, where 1.00 is the high Session volume 1,212,756 shares, $2,219,343 Relative volume 17.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
73	ANGX Angel Studios, Inc.	-21.34%	2025-09-18 against the close of 2025-09-17 Session detail $855.3M market cap (today)	Other Announcement	Trinity Capital Inc. Provides $100 Million in Growth Capital to Angel, Expanding its Global Impact in Values-Driven Entertainment 09/18/2025 08:00 ET premarket	Day +1 -31.90% 2025-09-19 Day +5 -54.60% 2025-09-25 Best recovery within 5 -31.90% 2025-09-19 Five sessions later the drop was 155.9% bigger, at -54.60%. Month end -34.05% on 2025-09-30
Close before and after $8.81 to $6.93 split-adjusted Session open, high, low $9.05, $9.50, $6.75 Opening gap +2.72% Close inside the session range 0.07 of the range, where 1.00 is the high Session volume 1,702,345 shares, $11,797,251 Baseline gap 1 calendar day from the pre-news close to the measured session
74	TNFA TNF Pharmaceuticals, Inc. under $25M today Also on the opposite board this month on both boards	-21.33%	2025-09-02 against the close of 2025-08-29 Session detail $9.6M market cap (today)	Crypto & Treasury	TNF Pharmaceuticals Secures Exclusive Global Rights to Innovative Light Speed Computing Accelerator for Use in Cryptocurrency Applications 09/02/2025 09:15 ET premarket PharmaCyte Biotech, Inc. Increases Stake in TNF Pharmaceuticals Around Recent License for Breakthrough Light Speed Computing Platform for Use in Cryptocurrency Applications 09/02/2025	Day +1 -27.95% 2025-09-03 Day +5 -25.67% 2025-09-09 Best recovery within 5 -21.95% 2025-09-08 Five sessions later the drop was 20.3% bigger, at -25.67%. Month-end is not shown: no closing price is available for 2025-09-30.
Close before and after $4.83 to $3.80 as traded Session open, high, low $4.69, $5.00, $3.52 Opening gap -2.90% Close inside the session range 0.19 of the range, where 1.00 is the high Session volume 1,244,461 shares, $4,728,952 Relative volume 2.6x the median of the 20 sessions before the pre-news close Baseline gap 4 calendar days from the pre-news close to the measured session
75	KEQU Kewaunee Scientific Corp	-21.23%	2025-09-11 against the close of 2025-09-10 Session detail $108.1M market cap (today)	Earnings	Kewaunee Scientific Reports Results for First Quarter of Fiscal Year 2026 09/10/2025 16:08 ET after hours	Day +1 -22.49% 2025-09-12 Day +5 -16.62% 2025-09-18 Best recovery within 5 -16.32% 2025-09-16 21.7% of the drop was recovered five sessions later. Month end -22.01% on 2025-09-30
Close before and after $54.69 to $43.08 split-adjusted Session open, high, low $47.03, $48.17, $42.03 Opening gap -14.01% Close inside the session range 0.17 of the range, where 1.00 is the high Session volume 92,232 shares, $3,973,355 Relative volume 16.1x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
76	EVTV More than one ranked move this month 2+ ranked moves	-21.17%	2025-09-16 against the close of 2025-09-15 Session detail $29.9M market cap (today)	Contract / Partnership	Envirotech Vehicles, Inc. And Its Wholly Owned Subsidiary Maddox Industries Manufacture 5 Million Isolation Gowns For The U.S. Government As Part of 35 Million Gown Contract - Driving American-Made Infrastructure 09/16/2025 09:20 ET premarket	Day +1 -23.54% 2025-09-17 Day +5 -23.72% 2025-09-23 Best recovery within 5 -18.61% 2025-09-22 Five sessions later the drop was 12.0% bigger, at -23.72%. Month end -45.26% on 2025-09-30
Close before and after $2.74 to $2.16 as traded Session open, high, low $2.33, $2.66, $2.05 Opening gap -14.96% Close inside the session range 0.18 of the range, where 1.00 is the high Session volume 854,315 shares, $1,845,320 Relative volume 16.3x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
77	YAAS Youxin Technology Ltd More than one ranked move this month Also on the opposite board this month 2+ ranked moves on both boards	-21.17%	2025-09-08 against the close of 2025-09-05 Session detail $40.7M market cap (today)	Offering / Dilution	Youxin Technology Ltd Announces Closing of $6.0 Million Underwritten Public Offering 09/08/2025 10:43 ET intraday	Day +1 -29.37% 2025-09-09 Day +5 -28.29% 2025-09-15 Best recovery within 5 -22.83% 2025-09-12 Five sessions later the drop was 33.6% bigger, at -28.29%. Month end -61.59% on 2025-09-30
Close before and after $41.00 to $32.32 split-adjusted Session open, high, low $41.60, $41.60, $27.88 Opening gap +1.46% Close inside the session range 0.32 of the range, where 1.00 is the high Session volume 120,734 shares, $3,902,123 Relative volume 156.2x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
78	FEIM Frequency Electronics, Inc.	-21.02%	2025-09-12 against the close of 2025-09-11 Session detail $655.3M market cap (today)	Earnings	Frequency Electronics, Inc. Announces First Quarter Fiscal Year 2026 Financial Results 09/11/2025 16:05 ET after hours	Day +1 -18.47% 2025-09-15 Day +5 -10.51% 2025-09-19 Best recovery within 5 -10.28% 2025-09-18 50.0% of the drop was recovered five sessions later. Month end -1.28% on 2025-09-30
Close before and after $34.35 to $27.13 split-adjusted Session open, high, low $31.48, $32.88, $27.12 Opening gap -8.36% Close inside the session range 0.00 of the range, where 1.00 is the high Session volume 1,457,124 shares, $39,531,774 Relative volume 5.9x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
79	SPRB Spruce Biosciences, Inc.	-20.97%	2025-09-15 against the close of 2025-09-12 Session detail $182.2M market cap (today)	Other Announcement	Spruce Biosciences Resumes Trading on the Nasdaq Capital Market 09/15/2025 07:00 ET premarket	Day +1 -22.74% 2025-09-16 Day +5 -26.77% 2025-09-22 Best recovery within 5 -22.74% 2025-09-16 Five sessions later the drop was 27.7% bigger, at -26.77%. Month end -27.82% on 2025-09-30
Close before and after $12.40 to $9.80 split-adjusted Session open, high, low $11.00, $11.64, $8.05 Opening gap -11.29% Close inside the session range 0.49 of the range, where 1.00 is the high Session volume 103,423 shares, $1,013,545 Baseline gap 3 calendar days from the pre-news close to the measured session
80	PMVP PMV Pharmaceuticals, Inc	-20.63%	2025-09-10 against the close of 2025-09-09 Session detail $69.8M market cap (today)	Clinical Trial Results	PMV Pharmaceuticals Announces Promising Rezatapopt Monotherapy Interim Data From PYNNACLE Phase 2 Trial Across Multiple Solid Tumors With a TP53 Y220C Mutation 09/10/2025 07:00 ET premarket	Day +1 -23.13% 2025-09-11 Day +5 -21.88% 2025-09-17 Best recovery within 5 -21.88% 2025-09-17 Five sessions later the drop was 6.1% bigger, at -21.88%. Month end -12.50% on 2025-09-30
Close before and after $1.60 to $1.27 split-adjusted Session open, high, low $1.80, $1.84, $1.19 Opening gap +12.50% Close inside the session range 0.12 of the range, where 1.00 is the high Session volume 33,028,245 shares, $41,945,871 Relative volume 75.0x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
81	LWAY Lifeway Foods Inc	-20.43%	2025-09-18 against the close of 2025-09-17 Session detail $395.2M market cap (today)	Other Announcement	Lifeway Foods Issues Statement in Response to Danone 09/18/2025 08:29 ET premarket	Day +1 -22.06% 2025-09-19 Day +5 -22.21% 2025-09-25 Best recovery within 5 -20.99% 2025-09-24 Five sessions later the drop was 8.7% bigger, at -22.21%. Month end -17.92% on 2025-09-30
Close before and after $33.82 to $26.91 split-adjusted Session open, high, low $26.02, $27.05, $25.66 Opening gap -23.06% Close inside the session range 0.90 of the range, where 1.00 is the high Session volume 1,066,505 shares, $28,699,650 Relative volume 16.1x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
82	HYFT MindWalk Holdings Corp.	-20.36%	2025-09-15 against the close of 2025-09-12 Session detail $66.7M market cap (today)	Other Announcement	MindWalk Holdings Corp.™ (formerly ImmunoPrecise Antibodies™) Reports Record $7.6 Million Quarterly Revenue, 45% Growth, Margin Expansion, Narrowed Losses, and Strengthened Balance Sheet 09/15/2025 08:44 ET premarket	Day +1 -28.05% 2025-09-16 Day +5 -9.05% 2025-09-22 Best recovery within 5 -9.05% 2025-09-22 55.6% of the drop was recovered five sessions later. Month end -20.81% on 2025-09-30
Close before and after $2.21 to $1.76 split-adjusted Session open, high, low $2.26, $2.26, $1.58 Opening gap +2.26% Close inside the session range 0.26 of the range, where 1.00 is the high Session volume 11,309,611 shares, $19,904,915 Baseline gap 3 calendar days from the pre-news close to the measured session
83	ABTC American Bitcoin Corp.	-20.27%	2025-09-04 against the close of 2025-09-03 Session detail $672.9M market cap (today)	Crypto & Treasury	American Bitcoin Expands Bitcoin Mining Operations by 2.4x from ~10 EH/s to ~24 EH/s 09/04/2025 06:30 ET premarket	Day +1 -7.96% 2025-09-05 Day +5 +2.99% 2025-09-11 Best recovery within 5 +15.80% 2025-09-09 It recovered the whole drop and closed 2.99% above the pre-news price. Month end -16.17% on 2025-09-30
Close before and after $120.60 to $96.15 split-adjusted Session open, high, low $124.88, $125.10, $93.60 Opening gap +3.54% Close inside the session range 0.08 of the range, where 1.00 is the high Session volume 1,170,447 shares, $112,538,479 Baseline gap 1 calendar day from the pre-news close to the measured session
84	KAPA Kairos Pharma, Ltd. under $25M today	-20.24%	2025-09-18 against the close of 2025-09-17 Session detail $5.9M market cap (today)	Clinical Trial Results	Kairos Pharma Announces Positive Interim Efficacy Analysis of Phase 2 Trial of ENV105 in Advanced Prostate Cancer with Median Progression Free Survival of Over One Year 09/18/2025 08:00 ET premarket	Day +1 -27.38% 2025-09-19 Day +5 -32.14% 2025-09-25 Best recovery within 5 -27.38% 2025-09-19 Five sessions later the drop was 58.8% bigger, at -32.14%. Month end -30.36% on 2025-09-30
Close before and after $1.68 to $1.34 split-adjusted Session open, high, low $1.31, $1.47, $1.21 Opening gap -22.02% Close inside the session range 0.50 of the range, where 1.00 is the high Session volume 5,651,240 shares, $7,572,662 Relative volume 5.6x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
85	LIVE Live Ventures Inc	-20.14%	2025-09-03 against the close of 2025-09-02 Session detail $28.8M market cap (today)	Other Announcement	Live Ventures Announces New Communications Campaign, Engages Brandsinger Agency to Facilitate 09/03/2025 08:30 ET premarket	Day +1 -22.39% 2025-09-04 Day +5 -13.02% 2025-09-10 Best recovery within 5 -13.02% 2025-09-10 35.4% of the drop was recovered five sessions later. Month end -9.22% on 2025-09-30
Close before and after $20.24 to $16.16 split-adjusted Session open, high, low $19.56, $20.87, $16.00 Opening gap -3.32% Close inside the session range 0.03 of the range, where 1.00 is the high Session volume 67,775 shares, $1,095,244 Relative volume 3.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
86	RAPP Rapport Therapeutics, Inc. Also on the opposite board this month on both boards	-20.09%	2025-09-10 against the close of 2025-09-09 Session detail $2.46B market cap (today)	Offering / Dilution	Rapport Announces Pricing of Public Offering of Common Stock 09/09/2025 21:17 ET after hours	Day +1 -17.23% 2025-09-11 Day +5 -6.17% 2025-09-17 Best recovery within 5 -6.17% 2025-09-17 69.3% of the drop was recovered five sessions later. Month end +5.96% on 2025-09-30
Close before and after $28.03 to $22.40 split-adjusted Session open, high, low $24.09, $24.70, $22.36 Opening gap -14.06% Close inside the session range 0.02 of the range, where 1.00 is the high Session volume 6,084,963 shares, $136,303,171 Relative volume 36.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
87	KMX CarMax Inc.	-20.07%	2025-09-25 against the close of 2025-09-24 Session detail $9.11B market cap (today)	Earnings	CarMax Reports Second Quarter Fiscal Year 2026 Results 09/25/2025 06:50 ET premarket	Day +1 -21.37% 2025-09-26 Day +5 -19.25% 2025-10-02 Best recovery within 5 -19.25% 2025-10-02 4.1% of the drop was recovered five sessions later. Month end -21.35% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $57.05 to $45.60 split-adjusted Session open, high, low $45.02, $46.66, $42.75 Opening gap -21.09% Close inside the session range 0.73 of the range, where 1.00 is the high Session volume 28,496,936 shares, $1,299,460,282 Relative volume 10.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
88	FIG Figma, Inc.	-19.92%	2025-09-04 against the close of 2025-09-03 Session detail $27.41B market cap (at the time of the move, reconstructed)	Earnings	Figma Announces Second Quarter 2025 Financial Results 09/03/2025 16:05 ET after hours	Day +1 -19.48% 2025-09-05 Day +5 -17.86% 2025-09-11 Best recovery within 5 -17.86% 2025-09-11 10.3% of the drop was recovered five sessions later. Month end -23.87% on 2025-09-30
Close before and after $68.13 to $54.56 split-adjusted Session open, high, low $55.90, $57.35, $53.20 Opening gap -17.95% Close inside the session range 0.33 of the range, where 1.00 is the high Session volume 29,316,438 shares, $1,599,504,857 Relative volume 3.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
89	LUCD Lucid Diagnostics Inc.	-19.69%	2025-09-10 against the close of 2025-09-09 Session detail $192.9M market cap (today)	Offering / Dilution	Lucid Diagnostics Announces Proposed Public Offering of Common Stock 09/09/2025 16:01 ET after hours Lucid Diagnostics Announces Pricing of Public Offering of Common Stock 09/10/2025	Day +1 -15.75% 2025-09-11 Day +5 -15.75% 2025-09-17 Best recovery within 5 -15.75% 2025-09-11 20.0% of the drop was recovered five sessions later. Month end -20.47% on 2025-09-30
Close before and after $1.27 to $1.02 split-adjusted Session open, high, low $1.11, $1.12, $1.01 Opening gap -12.60% Close inside the session range 0.09 of the range, where 1.00 is the high Session volume 6,894,922 shares, $7,032,820 Relative volume 8.1x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
90	BNC CEA Industries Inc.	-19.50%	2025-09-22 against the close of 2025-09-19 Session detail $128.5M market cap (today)	Buyback / Dividend	CEA Industries Board Authorizes $250 Million Stock Buyback Program 09/19/2025 18:21 ET after hours CEA Industries Files Registration Statement for its $500M PIPE. CEO David Namdar Releases Letter to Shareholders 09/21/2025	Day +1 -17.85% 2025-09-23 Day +5 -18.16% 2025-09-29 Best recovery within 5 -17.85% 2025-09-23 6.9% of the drop was recovered five sessions later. Month end -19.50% on 2025-09-30
Close before and after $9.69 to $7.80 split-adjusted Session open, high, low $8.39, $8.76, $7.51 Opening gap -13.42% Close inside the session range 0.23 of the range, where 1.00 is the high Session volume 5,556,262 shares, $43,338,844 Relative volume 22.3x the median of the 20 sessions before the pre-news close Baseline gap 3 calendar days from the pre-news close to the measured session
91	ACTU Actuate Therapeutics, Inc.	-19.15%	2025-09-10 against the close of 2025-09-09 Session detail $37.9M market cap (today)	Offering / Dilution	Actuate Therapeutics Announces Proposed Public Offering of Common Stock 09/09/2025 16:07 ET after hours Actuate Therapeutics Announces Pricing of $15.0 Million Public Offering of Common Stock 09/10/2025	Day +1 -18.21% 2025-09-11 Day +5 -18.68% 2025-09-17 Best recovery within 5 -17.27% 2025-09-16 2.5% of the drop was recovered five sessions later. Month end -21.39% on 2025-09-30
Close before and after $8.51 to $6.88 split-adjusted Session open, high, low $6.40, $7.00, $6.31 Opening gap -24.79% Close inside the session range 0.83 of the range, where 1.00 is the high Session volume 482,916 shares, $3,322,462 Relative volume 11.4x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
92	LGCY Legacy Education Inc.	-18.91%	2025-09-26 against the close of 2025-09-25 Session detail $134.4M market cap (today)	Earnings	Legacy Education Reports Strong Fiscal 2025 Results with 40% Revenue Growth and Record Enrollment 09/25/2025 16:05 ET after hours	Day +1 -19.24% 2025-09-29 Day +5 -20.37% 2025-10-03 Best recovery within 5 -19.24% 2025-09-29 Five sessions later the drop was 7.7% bigger, at -20.37%. Month end -22.32% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $12.32 to $9.99 split-adjusted Session open, high, low $10.80, $10.92, $9.80 Opening gap -12.34% Close inside the session range 0.17 of the range, where 1.00 is the high Session volume 388,004 shares, $3,876,160 Relative volume 7.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
93	NEXT NextDecade Corporation	-18.62%	2025-09-10 against the close of 2025-09-09 Session detail $1.99B market cap (today)	Other Announcement	NextDecade Announces Positive Final Investment Decision and Financial Close on Train 4 at Rio Grande LNG 09/09/2025 16:30 ET after hours	Day +1 -22.90% 2025-09-11 Day +5 -34.27% 2025-09-17 Best recovery within 5 -22.90% 2025-09-11 Five sessions later the drop was 84.0% bigger, at -34.27%. Month end -31.66% on 2025-09-30
Close before and after $9.94 to $8.09 split-adjusted Session open, high, low $9.97, $9.99, $7.80 Opening gap +0.35% Close inside the session range 0.13 of the range, where 1.00 is the high Session volume 17,186,398 shares, $138,952,028 Relative volume 6.9x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
94	LULU lululemon athletica inc.	-18.58%	2025-09-05 against the close of 2025-09-04 Session detail $20.20B market cap (at the time of the move, reconstructed)	Earnings	lululemon athletica inc. Announces Second Quarter Fiscal 2025 Results 09/04/2025 16:05 ET after hours	Day +1 -18.43% 2025-09-08 Day +5 -22.43% 2025-09-12 Best recovery within 5 -18.43% 2025-09-08 Five sessions later the drop was 20.7% bigger, at -22.43%. Month end -13.66% on 2025-09-30
Close before and after $206.09 to $167.80 split-adjusted Session open, high, low $165.14, $176.18, $163.98 Opening gap -19.87% Close inside the session range 0.31 of the range, where 1.00 is the high Session volume 36,788,892 shares, $6,173,176,078 Relative volume 11.2x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
95	IPA IMMUNOPRECISE ANTIBODIES LTD	-18.57%	2025-09-02 against the close of 2025-08-29 Session detail $95.5M market cap (today)	Other Announcement	ImmunoPrecise Antibodies to Participate at H.C. Wainwright's 27th Annual Global Investment Conference in New York 09/02/2025 08:01 ET premarket	Day +1 -12.66% 2025-09-03 Day +5 no data Best recovery within 5 so far -12.66% 2025-09-03 Month-end is not shown: no closing price is available for 2025-09-30.
Close before and after $2.37 to $1.93 as traded Session open, high, low $2.30, $2.34, $1.86 Opening gap -2.95% Close inside the session range 0.15 of the range, where 1.00 is the high Session volume 3,081,353 shares, $5,947,011 Relative volume 2.9x the median of the 20 sessions before the pre-news close Baseline gap 4 calendar days from the pre-news close to the measured session
96	RENB Lunai Bioworks Inc.	-18.54%	2025-09-25 against the close of 2025-09-24 Session detail $32.9M market cap (today)	Clinical Trial Results	Lunai Bioworks Advances Biomarker Discovery Preclinical Program in Parkinson's Disease, Positioning for Strategic Pharma Partnerships 09/25/2025 08:30 ET premarket	Day +1 -24.62% 2025-09-26 Day +5 no data Best recovery within 5 so far +722.71% 2025-09-30 Month end +722.71% on 2025-09-30
Close before and after $0.1726 to $0.1406 as traded Session open, high, low $0.1324, $0.1460, $0.1300 Opening gap -23.29% Close inside the session range 0.66 of the range, where 1.00 is the high Session volume 8,422,859 shares, $1,184,254 Relative volume 6.8x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
97	HLLY Holley Inc.	-18.53%	2025-09-10 against the close of 2025-09-09 Session detail $350.4M market cap (today)	Offering / Dilution	Holley Performance Brands Announces the Launch of a Secondary Offering by Selling Stockholder 09/09/2025 16:02 ET after hours	Day +1 -15.80% 2025-09-11 Day +5 -10.08% 2025-09-17 Best recovery within 5 -10.08% 2025-09-17 45.6% of the drop was recovered five sessions later. Month end -14.44% on 2025-09-30
Close before and after $3.67 to $2.99 split-adjusted Session open, high, low $3.40, $3.40, $2.92 Opening gap -7.36% Close inside the session range 0.15 of the range, where 1.00 is the high Session volume 2,072,238 shares, $6,195,992 Relative volume 3.2x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
98	DEFT Defi Technologies, Inc.	-18.39%	2025-09-25 against the close of 2025-09-24 Session detail $234.4M market cap (today)	Contract / Partnership	DeFi Technologies Announces Strategic Investment and Partnership with Canada's Stablecorp, Backer of QCAD Canadian-Dollar Stablecoin 09/25/2025 07:30 ET premarket	Day +1 -18.58% 2025-09-26 Day +5 -15.33% 2025-10-02 Best recovery within 5 -15.33% 2025-10-02 16.6% of the drop was recovered five sessions later. Month end -19.16% on 2025-09-30 This month ended before the fifth session after the move.
Close before and after $2.61 to $2.13 split-adjusted Session open, high, low $2.26, $2.28, $2.08 Opening gap -13.41% Close inside the session range 0.25 of the range, where 1.00 is the high Session volume 34,185,570 shares, $72,815,264 Relative volume 10.6x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
99	IDT IDT Corporation	-18.38%	2025-09-30 against the close of 2025-09-29 Session detail $1.73B market cap (today)	Earnings	IDT Corporation Reports Fourth Quarter and Fiscal Year 2025 Results 09/29/2025 16:30 ET after hours	Day +1 -20.97% 2025-10-01 Day +5 -25.42% 2025-10-07 Best recovery within 5 -20.97% 2025-10-01 Five sessions later the drop was 38.3% bigger, at -25.42%. Month end -18.38% on 2025-09-30 same session This month ended before the fifth session after the move.
Close before and after $64.09 to $52.31 split-adjusted Session open, high, low $59.94, $61.39, $52.00 Opening gap -6.48% Close inside the session range 0.03 of the range, where 1.00 is the high Session volume 697,872 shares, $36,505,684 Relative volume 4.5x the median of the 20 sessions before the pre-news close Baseline gap 1 calendar day from the pre-news close to the measured session
100	TONX TON Strategy Company	-18.35%	2025-09-08 against the close of 2025-09-05 Session detail $170.7M market cap (today)	Buyback / Dividend catalyst from a later release the same session	TON Strategy Company Publishes Chairman’s Message, Outlines Growth Strategy and Opportunity 09/05/2025 16:59 ET after hours TON Strategy Company Reports Treasury Asset Value Per Share and Appoints Cantor Fitzgerald as Buyback Agent 09/08/2025	Day +1 -23.72% 2025-09-09 Day +5 -34.17% 2025-09-15 Best recovery within 5 -22.88% 2025-09-10 Five sessions later the drop was 86.2% bigger, at -34.17%. Month end -34.27% on 2025-09-30
Close before and after $10.71 to $8.75 split-adjusted Session open, high, low $9.05, $9.05, $8.55 Opening gap -15.50% Close inside the session range 0.39 of the range, where 1.00 is the high Session volume 1,661,035 shares, $14,525,751 Baseline gap 3 calendar days from the pre-news close to the measured session

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. 404 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, is classed today as a fund, a trust or an index product, or carries a stored capitalization above $10 trillion, which is larger than any company has reached. Exclude the $5M to $25M band

On 2 of these rows the measured session was reconstructed from the announcement time, because it predates our stored session records.

1 event was left out of this board because the vendor names the ticker as a preferred, a note, a depositary share or a fund rather than a company's common stock.

1 event was left out of this board because the price series changes basis between the baseline close and the measured one, so the two prices do not describe the same shares of the same company and their ratio measures a corporate action, or a change in what the ticker identifies, rather than a move.

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.

6 rows withhold a market cap because the vendor's stored figure disagrees with the share count and price it is derived from by more than a factor of three, counting the filed all-class share count where one exists.

In September 2025, the median decliner was 1.6% deeper below its pre-news close five sessions later; the largest catalyst group was Offering / Dilution, 21 of the 100 events, at a median of -27.9%.

Close-to-close change on the measured trading session, against the previous close.

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
Offering / Dilution	21	21.0%	-27.9%	-28.6% of 20	100.0% of 20
Earnings	20	20.0%	-25.3%	-24.3%	100.0% of 20
Other Announcement	20	20.0%	-28.0%	-26.8% of 19	100.0% of 19
Clinical Trial Results	13	13.0%	-28.3%	-38.1% of 12	100.0% of 12
Crypto & Treasury	7	7.0%	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.

7 other catalyst types, 19 events: M&A / Acquisition, Uplisting / Compliance, FDA & Regulatory, Contract / Partnership, Buyback / Dividend, Reverse Merger / Shell, No Stated Cause.

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	98.0% of 98	4.8% deeper below baseline, of 98
Day +5	97.9% of 95	1.6% deeper below baseline, of 95
Month end	95.6% of 91	5.9% deeper below baseline, of 91
Month end falls before day +5 for 18 of these 91 events, so this row is not a later horizon than the one above it. 91 of the 100 events have a month-end close later than the measured session; 4 have it on the measured session itself, and 5 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 September 2025

Two or more ranked moves this month, each on a different trading day.

Symbol	Measured sessions	Largest drop
YAASYouxin Technology Ltd	3Offering / Dilution, Uplisting / Compliance	-63.98%
WOKWORK Medical Technology Group LTD	2Clinical Trial Results, Offering / Dilution	-87.66%
BNGOBionano Genomics, Inc.	2Other Announcement	-35.74%
EVTV	2Other Announcement, Contract / Partnership	-32.84%
ASSTStrive, Inc.	2M&A / Acquisition	-27.97%

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
GUTSFractyl Health, Inc.	2025-08, 2025-06	-45.99%
TZUPThumzup Media Corporation	2025-08, 2025-07	-41.06%
QHQuhuo Limited	2025-08, 2025-07	-91.26%
MBRXMoleculin Biotech, Inc.	2025-08, 2025-06	-54.20%
SOSSOS Limited	2025-08, 2025-07	-54.50%
GIBOGIBO Holdings Limited	2025-08, 2025-06	-36.11%
CAPRCapricor Therapeutics Inc	2025-07, 2025-06	-32.98%
SLPSimulations Plus, Inc.	2025-07, 2025-06	-25.76%
DPRODraganfly Inc.	2025-07, 2025-06	-33.15%
AMIXAutonomix Medical, Inc.	2025-07, 2025-06	-24.04%
ICUSeaStar Medical Holding Corporationthis month too	2025-07, 2025-06	-63.89%

What the board was made of

Price before the move

When the announcement landed

Volume against normal

10 events have too little trading history for a relative volume, and are not in the tiers above.

Industry

34 other industries, 37 events

Industry not known: 25.0%

8 events on this board carry the flag for a move that ran against its own release, too few to say whether the flag predicts anything.

Against August 2025

100 events in the comparable window.

August 2025 median -29.2%, selected from the 9,484 events in that month's eligible pool

September 2025 median -26.9%, 2.3 points shallower than August 2025. September 2025's median is taken over the 100 ranked rows, selected from the 7,899 events in that month's eligible pool.

The two windows drew on pools of very different size, so part of the gap between the medians is how deep into each pool the top hundred reaches rather than how severe the moves were.

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 because the stored figure disagrees with the share count and price it is derived from.

On 2 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.