5 Best Micro-Cap Stocks to Invest In

2. Fluidigm Corporation (NASDAQ:FLDM)

No of Hedge Funds Holders: 15

Fluidigm Corporation (NASDAQ: FLDM) is an American public firm that designs, manufactures, and sells biological research equipment using integrated fluidic circuit technology. It stands second on our list of best micro-cap stocks to invest in.

On August 5, a research organization ImaBiotech and Fluidigm Corporation (NASDAQ: FLDM) announced a collaboration and co-marketing agreement for service offerings and product development for Imaging Mass Cytometry, stating that this would play a bigger role in critical clinical and translational research that leads to better health-care decisions.

On Feburary 9, Fluidigm Corporation (NASDAQ: FLDM) announced that a longitudinal study of around 250 pediatric patients infected with the COVID-19 virus will be conducted using Fluidigm mass cytometry technology and the Maxpar Direct Immune Profiling Assay.

Fluidigm Corporation (NASDAQ: FLDM) exclusive CyTOF technology was used in 162 clinical trials by the end of the second quarter 2021. Total revenue for the quarter ending was $31.0 million, up 19% from $26.1 million in the same quarter previous year.

At the end of the second quarter of 2021, 15 hedge funds in the database of Insider Monkey held stakes worth $110.3 million in Fluidigm Corporation (NASDAQ: FLDM), same as the preceding quarter worth $79.7 million.

Our data shows that Indaba Capital Management is one of the biggest stakeholders of Fluidigm Corporation (NASDAQ: FLDM), with 28 million worth $64.8 million.