PRISM Mid-Day Movers: Space and New Energy are leading the Index today.
Momentus Inc. (NASDAQ: MNTS) is bouncing sharply, with the stock up about 55% on the day as it continues to stabilize in the mid‑single digits following its December reverse split and extreme post‑split volatility. Trading volume remains elevated versus historical norms, and even after this rebound the shares sit more than 40% below last year’s level and around 70–80% off their 52‑week high, underscoring how the name still trades like a high‑beta micro‑cap despite the higher nominal price. As a U.S. commercial space company focused on satellite buses, in‑space transportation, and infrastructure services, MNTS’s near‑term price action is being driven as much by technical factors—tight post‑split float, prior 1,475% squeeze, and speculative interest in space— as by the fundamentals of its sub‑1 million dollar trailing revenue base and sizable operating losses.
Ascent Solar Technologies (NASDAQ: ASTI) is pushing higher again today, with the stock trading around 4.60–5.38 and up roughly 30–32% as volume spikes to more than 3.1 million shares versus an average under 600k. The move extends a powerful short‑term run that has seen ASTI gain about 155% over the past month and roughly 120% over the last three months, while its market cap climbs into the mid‑teens of millions even though the company still generates minimal revenue and remains loss‑making. Backed by decades of R&D in flexible CIGS thin‑film solar for space, aerospace, agrivoltaics, and specialty applications, the stock continues to trade as a high‑beta clean‑energy play inside the PRISM Emerging New Energy universe, where each funding update or deployment win can trigger outsized price swings like today’s.
Other Notable Movers:
Intelligent Bio Solutions Inc (INBS) up 32%
DeFi Development Corp. (DFDV) up 17%
Esports Entertainment Group, Inc. (GMBL) down -26%
