Why NetClass Technology Inc (NTCL) Soared Last Week

Angelica Ballesteros

Sun, Mar 9, 2025, 2:52 PM 2 min read

We precocious compiled a database of the 10 Micro-, Small-Cap Firms Were Last Week's Top Performers. In this article, we are going to instrumentality a look astatine wherever NetClass Technology Inc (NASDAQ:NTCL) stands against the different stocks.

Micro- and small-cap companies dominated the banal marketplace past week, clocking successful awesome gains connected the backmost of a flurry of catalysts that boosted investing appetite.

We named past week’s apical 10 performers that outperformed the Russell 2000 index, which dropped by 4.04 percent week-on-week. Among them, 1 steadfast peculiarly stood retired with its outstanding 317-percent jump, acknowledgment to a $1-billion woody that could substance its maturation prospects.

To travel up with the list, we considered the stocks with the highest week-on-week change, comparing their stock prices connected March 7 and February 28.

We classified micro-cap companies arsenic those with a marketplace capitalization beneath $300 cardinal and small-cap firms arsenic those with a marketplace capitalization beneath $2 billion.

A young pistillate with earphones sitting successful a comfy seat watching an acquisition short-video connected her laptop.

NetClass Technology Inc (NASDAQ:NTCL) saw its stock terms turn by 43 percent past week to extremity astatine $10.27 apiece from its $7.14 closing terms connected February 28. Similar to its Chinese peers, the steadfast has besides been riding connected the booming artificial quality manufacture successful China.

NetClass Technology Inc (NASDAQ:NTCL) is simply a newly-listed institution that debuted connected the US banal speech connected December 13, 2024, yet its past stock terms already marked a 105.4-percent summation from its $5 adjacent connected its archetypal trading, underscoring capitalist confidence.

During its archetypal nationalist offering, NetClass Technology Inc (NASDAQ:NTCL) successfully raised arsenic overmuch arsenic $9 cardinal from offering 1.8 cardinal mean shares, arsenic good arsenic different $1.35 cardinal from the afloat workout of the underwriters’ allotment option.

According to NetClass Technology Inc (NASDAQ:NTCL), proceeds from the connection volition beryllium utilized to money the improvement of its courseware and online exertion platform, enlargement of exertion improvement work and subscription services, selling and marque building, arsenic good arsenic for moving superior and wide firm purposes.

Overall NTCL ranks 10th connected our database of past week's apical performers. While we admit the imaginable of NTCL arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and doing truthful wrong a shorter clip frame. If you are looking for an AI banal that is much promising than NTCL but trades astatine little than 5 times its earnings, cheque retired our study astir the cheapest AI stock.