In the past week, a group of mid-cap stocks emerged as top performers. Tempus AI, Inc. saw a 30.43% increase in its shares after receiving FDA clearance for its Tempus ECG-AF device. Enovix Corporation’s shares jumped 29.70% following the signing of a Memorandum of Understanding with Elentec Co. Grindr Inc. also experienced a significant increase of 27.50% after raising its revenue guidance.
Meanwhile, Trump Media & Technology Group Corp.’s equity warrant stock rose by 18.33% due to an anticipated cash influx from warrant exercises. Credo Technology Group’s shares grew by 18.30% after receiving an upgrade from TD Cowen. Tecnoglass Inc. also saw a significant increase of 17.90% after announcing a strategic review and reiterating its FY24 guidance.
Other notable performers include STAAR Surgical Company, RXO Inc., Global-E Online Ltd, and SentinelOne Inc. These stocks saw gains ranging from 15.47% to 16.55%, driven by various factors such as acquisitions and analyst ratings.
If you are considering adding mid-cap stocks to your portfolio, these top performers from the previous week may be worth investigating further.