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Small Cap Stocks To Watch Now - May 8th

Rackspace Technology logo with Business Services background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat screened seven small-cap stocks that recently saw the highest dollar trading volume, including Rackspace Technology, POET Technologies, Inflection Point Acquisition Corp. II, Spring Valley Acquisition, Direxion Daily PLTR Bear 1X Shares, Destiny Tech100, and Antelope Enterprise Holdings.
  • Rackspace Technology (RXT) was highlighted for its multicloud technology services business, which includes managed cloud services, professional services, hosting, and colocation across multiple global regions.
  • POET Technologies and Antelope Enterprise Holdings were also featured for their niche operations: POET in opto-electronic integration solutions, and Antelope in livestream e-commerce and consulting services in China.
  • MarketBeat previews top five stocks to own in June.

Rackspace Technology, POET Technologies, Inflection Point Acquisition Corp. II, Spring Valley Acquisition, Direxion Daily PLTR Bear 1X Shares, Destiny Tech100, and Antelope Enterprise Holdings L are the seven Small Cap stocks to watch today, according to MarketBeat's stock screener tool. Small cap stocks are shares of publicly traded companies with relatively small market capitalizations, typically ranging from about $300 million to $2 billion. For stock market investors, they often represent higher-growth potential than larger companies, but they also tend to come with greater volatility, risk, and less liquidity. These companies had the highest dollar trading volume of any Small Cap stocks within the last several days.

Rackspace Technology (RXT)

Rackspace Technology, Inc. operates as a multi cloud technology services company in the Americas, Europe, the Middle East, Africa, and The Asia-Pacific region. It operates through three segments: Multicloud Services, Apps & Cross Platform, and OpenStack Public Cloud. The company provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; professional services related to designing and building multi cloud solutions and cloud-native applications; and managed hosting and colocation services.

Read Our Latest Research Report on RXT

POET Technologies (POET)

POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. It offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques.

Read Our Latest Research Report on POET

Inflection Point Acquisition Corp. II (IPXX)

Read Our Latest Research Report on IPXX

Spring Valley Acquisition (SV)

Read Our Latest Research Report on SV

Direxion Daily PLTR Bear 1X Shares (PLTD)

Read Our Latest Research Report on PLTD

Destiny Tech100 (DXYZ)

Read Our Latest Research Report on DXYZ

Antelope Enterprise Holdings L (AEHL)

Antelope Enterprise Holdings Limited, through its subsidiaries, provides livestream e-commerce services and business management and information systems consulting services in the People's Republic of China. The company operates an online social ecommerce and live broadcast streaming platform enhances product promotion, transaction speed, and marketing effectiveness of industries and applications to anchors and influencers.

Read Our Latest Research Report on AEHL

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