Mid Cap Stocks To Keep An Eye On - October 12th

Key Points

• The article highlights five mid-cap stocks to monitor, including AltC Acquisition, ProShares UltraPro Short QQQ, and Applied Digital, all of which recently had the highest trading volumes in their category.
• AltC Acquisition Corp. plans to effect mergers and business combinations, while Applied Digital focuses on providing digital infrastructure solutions for high-performance computing.
• BigBear.ai specializes in artificial intelligence-powered decision intelligence solutions, addressing areas like national security and supply chain management.

AltC Acquisition, ProShares UltraPro Short QQQ, Direxion Daily TSLA Bull 2X Shares, Applied Digital, and BigBear.ai are the five Mid Cap stocks to watch today, according to MarketBeat's stock screener tool. Mid-cap stocks are shares of companies whose total market capitalization typically falls between about $2 billion and $10 billion. They represent firms that have moved beyond the rapid-growth, higher-volatility small-cap space but haven’t yet reached the size and stability of large-caps, offering investors a blend of growth potential and moderate risk. These companies had the highest dollar trading volume of any Mid Cap stocks within the last several days.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

Read Our Latest Research Report on ALCC

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

Read Our Latest Research Report on SQQQ

Direxion Daily TSLA Bull 2X Shares (TSLL)

Read Our Latest Research Report on TSLL

Applied Digital (APLD)

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.

Read Our Latest Research Report on APLD

BigBear.ai (BBAI)

BigBear.ai Holdings, Inc. provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.

Read Our Latest Research Report on BBAI

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