These 10 Stocks Posted Double-, Triple-Digit Gains Last Week

3. Heidmar Maritime Holdings Corp. (NASDAQ:HMR)

Heidmar Maritime skyrocketed by 128 percent week-on-week as investors snapped up shares in the company following news that it bagged a $108-million contract with Netherlands-based transmission system operator TenneT.

Under the agreement, HMR would provide TenneT with a platform supply vessel and crew for supply tours to the latter’s offshore platforms in the German North Sea for five years.

The contract is set to take effect on April 15, 2025, and end on February 28, 2030. The contract also gave HMR three options for one-year extensions.

HMR is a newly listed company on the US stock exchange which debuted only on February 20. From its $5.95 closing price on its first day as a listed company, HMR’s price as of March 14, however, marked a 42-percent drop.