Shares of MOGU Inc. (NASDAQ: MOGU), a small-cap Chinese e-commerce and fashion technology platform, stunned markets this week with an explosive rally. On Wednesday, the stock spiked over 180% intraday, closing at multi-month highs and attracting unusually heavy trading volume. For a stock that had been lingering in penny-stock territory for much of 2024, the sudden breakout reflects a potent combination of retail investor momentum, sector tailwinds, and renewed optimism for Chinese consumer plays.

In what might be this year’s most electrifying move in combat sports, Mixed Martial Arts Group Limited (NYSE American: MMA)—known on the street as MMA.INC—has just raised the stakes in its quest to convert the 640 million-strong global fanbase of MMA from passive viewers to active participants

Eightco Holdings Inc. (NASDAQ: OCTO) turned heads in pre-market trading today, soaring more than 1,000% on extraordinary volume. Shares, which had been languishing under the radar at micro-cap levels, suddenly surged into the spotlight as retail traders piled in.

Peraso Inc. (NASADAQ: PRSO), a small-cap specialist in 60 GHz and 5G mmWave wireless technology, saw its stock surge as much as 60% intraday, currently changing hands near US$1.31—up from only US$0.82 yesterday. Volume exploded, dwarfing average trade levels with a real-time tally of over 150 million shares—a stark contrast to its usual few-hundred-thousand daily range.

Concorde International Group Ltd. (NASDAQ: CIGL) surged nearly 100% intraday, rallying from USD 1.47 to a peak of USD 4.74, before settling near USD 2.90—its current price as of this afternoon. Trading volume exploded, eclipsing 123 million shares, far beyond its typical float.