10 Micro-, Small-Cap Firms Were Last Week’s Top Performers

8. Park Ha Biological Technology Co., Ltd. (NASDAQ:PHH)

Park Ha surged by 46.7 percent last week to end at $7.69 on Friday versus the $5.24 closing week-on-week despite the lack of fresh catalysts to boost investing appetite.

PHH, a China-based company focused on developing private skincare labels, direct skincare product sales, and franchise alliance promotions, is also a newly listed firm on the US stock exchange, having debuted on December 27, 2024.

From its initial public offering (IPO) price of $4 apiece, PHH’s latest stock price already marked a 92.25-percent jump, signaling investor optimism.

PHH was able to raise $4.8 million from its IPO, with net proceeds intended to be used for expanding the scale of directly-owned stores in the PRC, purchasing existing product patents to develop proprietary products, and acquiring ingredient suppliers to reduce production costs over the long term.