Daily Market Recap: September 22, 2025
Introduction
U.S. equities in the small-cap space surged Wednesday, driven by outsized gains in clean-tech, agribusiness and fintech names. A batch of heavily shorted and low-float issues saw triple-digit percentage gains, while follow-through buying lifted several stocks above prior resistance levels. Volume swelled notably in turnaround stories and names that reported key filings or project milestones.
Table of Selected Stocks
Ticker | ATTN Price | Current Price | Volume | Price Change % |
---|---|---|---|---|
BOXL | 1.92 | 4.53 | 120,761,567 | +136.05% |
AGRI | 2.98 | 5.25 | 58,064,556 | +76.27% |
FLGC | 20.85 | 32.00 | 559,344 | +53.59% |
PLTS | 5.89 | 11.38 | 2,983,320 | +93.18% |
MTSR | 51.22 | 53.39 | 14,798,504 | +4.25% |
PRO | 22.70 | 22.96 | 8,800,202 | +1.08% |
BKKT | 11.34 | 14.70 | 10,895,300 | +29.63% |
ARBE | 1.47 | 1.85 | 28,126,255 | +25.71% |
QLGN | 2.89 | 5.39 | 22,482,721 | +86.85% |
ARBB | 5.50 | 9.61 | 7,834,445 | +74.94% |
ORIS | 0.14 | 0.21 | 157,423,080 | +54.64% |
BINI | 4.91 | 8.40 | 1,235,675 | +71.18% |
SLNH | 0.94 | 2.36 | 80,698,184 | +151.30% |
NVNI | 0.94 | 1.44 | 23,763,328 | +53.61% |
IPW | 0.25 | 0.54 | 25,118,712 | +119.41% |
RELI | 0.39 | 0.93 | 66,270,065 | +140.74% |
IPST | 0.38 | 0.92 | 25,561,500 | +140.64% |
LUMN | 5.42 | 6.25 | 18,925,979 | +15.33% |

Small-cap surge by Hassaan Here
Market Analysis
Small-cap momentum was front and center as buyers zeroed in on names posting fresh SEC disclosures and project updates. Boxlight (BOXL) led volume charts with over 120 million shares changing hands after the company filed an 8-K detailing an auditor switch and expanded EdTech initiatives. Soluna Holdings (SLNH) and Reliance Global (RELI) both climbed more than 140% amid green data-center milestones and an at-the-market equity filing, respectively.
Agritech player AgriFORCE (AGRI) jumped more than 75% following news of a pending leadership appointment and overseas distribution deal. PLTS saw nearly a 93% advance after signing a joint-venture letter of intent for mineral processing facilities in South America. Heavy volume at Orisun Acquisition (ORIS) and IPower (IPW) underscored speculative trading in thinly capitalized tickers, each posting multi-day upticks exceeding 50%.
Meanwhile, mid-caps such as MTS Resources (MTSR) and PROG Holdings (PRO) traded more modestly, reflecting the broader risk-on sentiment but limited stock-specific catalysts. Lumen Technologies (LUMN) bucked the trend with a 15% gain as analysts reiterated overweight ratings on network modernization tailwinds.
Significant Movers
The top percentage movers were SLNH (+151.30%), BOXL (+136.05%) and RELI (+140.74%). High-octane volume accompanied the rallies, suggesting short covering and momentum chasing drove many of today’s largest moves. Stocks with new filings or operational milestones drew the lion’s share of attention, while names lacking fresh news saw more muted action.
TL;DR
- Small caps exploded higher on clean-tech, agribusiness and fintech catalysts
- SLNH, BOXL and RELI topped gains with triple-digit rallies and heavy volume
- AGRI and PLTS also surged on corporate developments and JV announcements
- Mid-caps MTSR, PRO and LUMN posted moderate gains amid broad risk-on flows
- Short-squeeze dynamics and news-driven trading dominated the session