10 Micro and Small-Cap Firms Drive Year-to-Date Gains

2. Society Pass Incorporated (NASDAQ:SOPA)

Society Pass saw its share prices soar by 326 percent year-to-date, ending Friday’s trading at $3.83 versus the $0.8980 registered on December 31.

For this year alone, SOPA—a company with a market capitalization of $13.76 million—hit its highest price of $5.73 on February 11, representing a 538-percent increase from 2024’s last trading day.

Investor sentiment was fueled by a report from Zack Research naming the company as one of the three worth-buying stocks to consider this month for having strong momentum characteristics. SOPA currently holds a “strong buy” rating from Zack Research.

In recent news, the company amended its existing sales agreement with Ascendiant Capital Markets, allowing for an increased sale of common stock to up to $3.37 million.

Under the terms, SOPA may offer and sell its common stock through Ascendiant Capital Markets from time to time to potentially bolster its capital through the sale of shares.