Daily Market Recap for 2025-09-23
On September 23, 2025, small-cap technology, biotech, and e-commerce names dominated trading, posting broad‐based gains. A slew of momentum plays rallied between 30% and 120% on heavy volume, reflecting renewed risk appetite among speculators. Below is a snapshot of today's notable performers, followed by an overview of prevailing market trends and standout price and volume action.
Top Movers Table
Ticker | ATTN Price | Current Price | Volume | Price Change % |
---|---|---|---|---|
IBG | 0.3698 | 0.7350 | 111,706,140 | 98.69% |
SLE | 5.5650 | 8.4788 | 37,828,896 | 52.40% |
SILO | 0.6033 | 0.7812 | 20,404,021 | 29.52% |
JZXN | 1.1049 | 1.5600 | 6,711,167 | 41.18% |
GLTO | 3.2794 | 4.3200 | 20,834,814 | 31.76% |
SSKN | 1.8780 | 2.5600 | 41,958,282 | 36.32% |
IPDN | 3.5516 | 4.6900 | 19,057,266 | 32.03% |
ORIS | 0.2128 | 0.3016 | 146,537,654 | 41.82% |
FTEL | 3.5228 | 7.8100 | 1,877,573 | 121.77% |
SLNH | 1.8081 | 2.4297 | 53,667,735 | 34.39% |
BOXL | 2.1971 | 2.8600 | 3,188,427 | 30.18% |
WCT | 0.2800 | 0.3732 | 4,276,633 | 33.28% |
DVLT | 0.3659 | 0.6900 | 340,048,023 | 88.60% |
NXXT | 1.5453 | 2.0400 | 5,805,942 | 32.04% |
BKKT | 14.8227 | 17.5900 | 4,680,107 | 18.71% |
ANGX | 3.7862 | 5.0100 | 1,172,223 | 32.25% |
ADVM | 2.7507 | 4.0300 | 5,701,655 | 46.61% |
CTW | 1.8087 | 2.3700 | 1,533,428 | 31.05% |
SAVA | 2.4405 | 3.5242 | 32,837,040 | 44.38% |

Small-cap gains by Yang Deng
Market Trends and Patterns
Trading activity was skewed toward high-beta, micro-cap names, where average gains approached 45%. More than half of the tabled stocks vaulted over 30%, with FTEL (+121.8%), IBG (+98.7%) and DVLT (+88.6%) leading the advance. Volume surges were notable in DVLT (340 million shares), ORIS (146 million), and IBG (112 million), suggesting heavy speculative interest in sub-$1 plays. Mid-cap tickers such as SLE and ADVM outperformed on reported pipeline updates and strategic partnerships.
Volatility remained elevated, with intraday trading ranges exceeding 20% for most names. The breadth of gains across disparate sectors—from fitness e-commerce (FTEL) to data security (DVLT) and genomics (ADVM)—points to a market environment driven more by momentum than sector rotation. While large-cap indices traded flat to modestly higher, small-caps captured the spotlight amid aggressive positioning ahead of end-month rebalances and potential catalyst announcements.
Highlighted Movers and Volume Surges
- FTEL (Fitell Corp.) surged 121.8% after completing a reverse split and securing a convertible note facility, driving a short-squeeze at the open.
- IBG nearly doubled on reports of a distribution partnership in Asia, trading 112 million shares—well above its 30-day average.
- DVLT jumped 88.6% on a Form S-3 effectiveness and a new military blockchain agreement, logging a massive 340 million-share volume day.
- ORIS climbed 41.8% with 146 million shares changing hands, reflecting renewed interest in sub-$0.50 speculative biotech plays.
- ADVM added 46.6% ahead of a mid-trial data readout, reinforcing the biotech rally that powered small caps higher.
TL;DR
- Small-cap tech, biotech, and e-commerce names rallied 30%–120% on heavy volume.
- FTEL led with a 121.8% gain; IBG and DVLT also posted near-triple-digit moves.
- Volume spikes noted in DVLT (340M), ORIS (146M), IBG (112M), and SSKN (42M).
- Market action driven by momentum, speculative positioning, and company-specific catalysts.
- Large-cap indices remained muted while micro-caps stole the show.