From Yahoo Finance: 2025-04-22 09:51:00

On Monday, the stock market saw major losses due to concerns over Trump’s tariff policies. The Nasdaq fell 2.55%, Dow Jones 2.48%, and S&P 500 2.36%. However, 10 companies, primarily micro- to small-cap, saw significant gains amidst the overall downturn.

Upexi, Inc. (NASDAQ:UPXI) surged 335.68% to $9.89 after raising $100 million through a private placement. The company plans to use $94.7 million for acquiring Solana tokens and establishing a Solana treasury, with the remaining $5.3 million allocated for working capital and debt reduction by April 24, 2025.

UPXI is a consumer product company that recently ventured into the cryptocurrency industry. While UPXI topped the list of Monday’s performers, AI stocks are seen as more promising for higher returns in a shorter period. Consider exploring a report on the cheapest AI stock trading at less than 5 times its earnings for potential investment opportunities.



Read more at Yahoo Finance: Why Upexi, Inc. (UPXI) Soared on Monday