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Cemtrex, Inc. engages in the provision of solutions in the technology industry. It operates through the following segments: Security, Industrial Services, and Cemtrex Corporate. The Security segment provides end-to-end security solutions to meet corporate, industrial, and governmental security challenges. The Industrial Services segment offers single-source expertise and services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to diversified customers. The Cemtrex Corporate segment refers to the holding company of the other two segments. The company was founded on April 27, 1998 and is headquartered in Hauppauge, NY.

Cemtrex Inc.

Cemtrex ($CETX) is trending due to a massive premarket surge and multiple trading halts, sparking high volatility. Community chatter revolves around a potential short squeeze reminiscent of $SMX and predictions of continued upward momentum, with some suggesting extremely high price targets. The stock's nano float and recent acquisition news are also fueling the discussion.

Treasure Global, Inc. engages in the provision of payment solutions. The firm created an online-to-offline (O2O) e-commerce platform business model offering consumers and merchants instant rebates and affiliate cashback programs. It operates through the ZCITY Platform and Customized Software Development Service segments. The company was founded by Kok Pin Tan on March 20, 2020 and is headquartered in New York, NY.

Treasure Global Inc

Treasure Global (TGL) is trending due to a recent update to its 2026 revenue outlook, projecting significant growth through fintech and digital asset expansion, sparking interest in the stock's potential. Community discussions revolve around potential short squeezes and comparisons to other high-flying low float stocks like SMX. Traders are closely watching for trading halts and potential for after-hours momentum.

Viking Therapeutics, Inc. is a clinical-stage biopharmaceutical company, which engages in the development of therapies for metabolic and endocrine disorders. The company was founded by Brian Lian and Michael A. Dinerman on September 24, 2012 and is headquartered in San Diego, CA.

Viking Therapeutics Inc

VKTX is trending as investors debate the impact of competitor GPCR's data, particularly focusing on the lack of safety data released and potential implications for Viking's market position. Community discussions revolve around potential partnerships or a buyout, with some emphasizing Viking's strong pipeline and advanced stage in development. There is also ongoing speculation about the possibility of VK2809 skipping Phase 3 trials based on new FDA guidance.

Wave Life Sciences Ltd. is a clinical-stage biotechnology company, which focuses on developing its proprietary RNA medicines platform and PRISM. It also develop and commercialize a pipeline RNA medicines in a variety of therapeutic areas. The company was founded by Gregory L. Verdine and Takeshi Wada on July 23, 2012 and is headquartered in Singapore.

Wave Life Sciences Ltd.

Wave Life Sciences Ltd

Wave Life Sciences ($WVE) is trending following positive Phase 1 data for its obesity drug, WVE-007, which showed fat loss without muscle loss. The community is excited about the potential for infrequent dosing and is speculating about a possible offering or buyout. Discussions revolve around the significance of the data, potential price targets, and whether this is a Reddit-driven short squeeze.

Carvana Co. is a holding company and an eCommerce platform, which engages in the buying and selling of used cars. The company was founded by Ernest Garcia, III, Benjamin Huston and Ryan Keeton in 2012 and is headquartered in Tempe, AZ.

Carvana Co. - Ordinary Shares - Class A

Carvana Co.

Carvana is trending due to its impending inclusion in the S&P 500, driving significant after-hours price movement. While some investors celebrate the milestone and anticipate further gains, others express concerns about the company's fundamentals and accounting practices, suggesting a potential "sell the news" event. Community discussions revolve around whether the stock is overvalued and if a substantial correction is on the horizon.

SU Group Holdings Ltd. engages in the provision of security-related engineering services, and security guarding and screening services. It operates through the Security-Related Engineering Services and Security Guarding and Screening Services segments. The company was founded by Ming Chan in 1998 and is headquartered in Hong Kong.

SU Group Holdings Ltd. - Ordinary Shares - Class A

SU Group Holdings Ltd

SUGP is trending as traders discuss its potential for a low-float squeeze, drawing comparisons to recent runners in the same sector like $SMX. The community is analyzing the stock's float and short borrow fee, with some expressing caution due to a recent offering and warrant dilution. Overall, the focus remains on whether it can achieve a similar explosive move based on its low float.

Warner Bros. Discovery, Inc. is a premier global media and entertainment company, which engages in the provision of a differentiated portfolio of content, brands, and franchises across television, film, streaming, and gaming. It operates through the following segments: Studios, Networks, Direct-to-Consumer (DTC), and Corporate. The Studios segment includes producing and releasing feature films for initial exhibition in theaters, producing and initial licensing television programs to networks services as well as third parties, distributing films and television programs to various third party, internal television, and streaming services, distribution through the home entertainment market related consumer products, and themed experience licensing and interactive gaming. The Networks segment focuses on domestic and international television networks. The DTC segment is involved in premium pay-television and streaming services. The company was founded on June 17, 1985 and is headquartered in New York, NY.

Warner Bros. Discovery Inc - Ordinary Shares - Class A

Warner Bros Discovery Inc

Warner Bros. Discovery ($WBD) is trending amid a potential takeover, with Paramount ($PARA) launching a hostile bid, challenging Netflix's ($NFLX) deal and igniting a bidding war. Community discussion revolves around the merits of each offer, regulatory hurdles, and potential outcomes for shareholders. The stock has seen significant gains YTD, fueled by M&A rumors and speculation.

PMGC Holdings, Inc. is a physician-dispensed skincare company, which engages in the research and development of skincare formulations. It is involved in the production and commercialization of topical skincare products that contain its proprietary stem cell-derived Elevai Exosomes. The company was founded by Hatem Abou-Sayed, Braeden William Lichti, and Jordan R. Plews on June 9, 2020 and is headquartered in Newport Beach, CA.

PMGC Holdings Inc

PMGC Holdings Inc.

ELAB is trending due to a premarket surge, fueled by retail trader interest in PMGC Holdings' shift towards biotech and industrial sectors. Community discussions revolve around the stock's low float and potential for a squeeze, while some traders are pointing to possible overextension. The stock's volatility and previous reverse splits are also being discussed.

Structure Therapeutics, Inc. is a clinical stage global biopharmaceutical company, which engages in developing novel oral therapeutics to treat a wide range of chronic diseases with unmet medical needs. Its pipeline includes Aleniglipron GSBR-1290, ACCG-2671, GIPR, GCGR, ANPA-0073, and LTSE-2578. The company was founded by Raymond C. Stevens in 2016 and is headquartered in South San Francisco, CA.

Structure Therapeutics Inc - ADR

GPCR is trending following Phase 2 data highlighting weight loss percentages, though some investors are wary due to the omission of certain safety data in the initial report. The community is actively discussing the tolerability of the drug, particularly regarding liver enzyme elevations and adverse events like vomiting, while also speculating about potential short squeezes and comparisons to competitors like $LLY and $VKTX. Some see it as a potential acquisition target in the competitive GLP-1 space.

Candel Therapeutics, Inc. is a clinical stage biotechnology company, which engages in the development and commercialization of viral immunotherapies. Its pipeline includes CAN-2409 and CAN-3110. The company was founded by Estuardo Aguilar-Cordova in 2002 and is headquartered in Needham, MA.

Candel Therapeutics Inc

CADL is trending as investors discuss the potential for a buyout or strategic partnership, fueled by promising data in lung, prostate, and pancreatic cancers. Community talking points center on the company being significantly undervalued with a large short interest, positioning it for a potential squeeze. LOAD!

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Several cannabis stocks dived on Wednesday after Democrat Vice President Kamala Harris lost to Republican candidate Donald Trump, who will return for a second term in the White House to become the 47th U.S. president.Harris was seen as having a favorable take on the recreational use of Cannabis, which many Republican states have yet to legalize.On Wednesday, the state of Florida voted against one such move that would have legalized marijuana for recreational use to adults 21 years of age and older from medical marijuana treatment centers and other state-licensed entities, Reuters <a target="_blank" rel="noopener noreferrer nofollow" href="https://reported.">reported.</a>Florida was seen as a &nbsp;“very attractive market,” Reuters reported citing an estimate from cannabis analytics company Headset <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.reuters.com/markets/us/pot-stocks-dive-florida-rejects-legalization-recreational-marijuana-2024-11-06/">indicating</a> $4.9 billion to $6.1 billion in adult-use sales during the first year of implementation.Cannabis-focused stocks such as Tilray Brands ($TLRY) and Trulieve ($TCNNF) were down 14% and 39% respectively as of 1:55 pm ET. &nbsp;Trulieve had also provided funding worth $145 million as of October towards the Florida campaign, Associated Press <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.marketwatch.com/story/florida-ballot-measures-for-abortion-rights-legalized-marijuana-fail-f70b1bbe?mod=home-page&amp;mod=article_inline">reported.</a>Other stocks that saw declines include US-listed SNDL Inc. ($SNDL) and Cronos Group ($CRON) were down 14% and 9%, respectively as of 2:20 pm ET. &nbsp;While shares of Canada-based Aurora Cannabis Inc. ($ACB) were down more than 17% as of 2:45 pm ET.To be sure, Trump’s choice of who replaces the current attorney general and the possibility of a more moderate senate majority leader may still bring favor to the industry.Twenty four American states have legalized cannabis for recreational use, with 39 states where Cannabis use is allowed for medical purposes.Many Stocktwits users were hopeful of a bounce back.<stembedurl>https://stocktwits.com/RizzaSizzler/message/591429531</stembedurl><stembedurl>https://stocktwits.com/Goldenleaf/message/591435127</stembedurl><stembedurl>https://stocktwits.com/CoBear/message/591441354</stembedurl> &nbsp;For updates and corrections, email newsroom@stocktwits.com.&nbsp;

Cannabis-focused companies like $CRON, $ACB, $SNDL saw stocks slip | Source: Pexels

 US Election 2024: Cannabis Stocks Feel Trump Effect, But Retail's Hopes Stay High

Harris was seen as having a favorable take on the recreational use of Cannabis

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