We recently compiled a list of the 10 Small Firms Kick Off Monday with Strong Gains. In this article, we are going to take a look at where Kindly MD, Inc. (NASDAQ:KDLY) stands against the other stocks with strong gains.
Wall Street’s main indices kicked off Monday’s trading with a strong finish, ending in the green territory as investors hoped President Donald Trump would dial back on his wide-ranging tariff plans to allow the US to skirt an economic slowdown.
The Nasdaq posted the largest gain, up 2.27 percent, followed by the S&P 500, up 1.76 percent, and the Dow Jones, at 1.42 percent.
Ten companies under the micro- and small-cap sectors mirrored the broader market optimism, registering double- to triple-digit gains at intra-day trading. In this article, let us explore the reasons behind their gains.
To come up with the list, we considered only the stocks with the highest gains in terms of percentage change.
An older Medicare-eligible consumer smiling happily while receiving healthcare services at a clinic.
Kindly MD, Inc. (NASDAQ:KDLY)
Kindly MD, Inc. (NASDAQ:KDLY) extended its winning streak for a second straight day on Monday, jumping by as much as 91.4 percent before early profit-taking pulled the company’s stock price to end the day just up by 44.37 percent at $2.18 apiece.
The company’s stock performance traded in line with the overall market optimism despite the lack of fresh corporate developments to boost investing appetite.
In recent news, Kindly MD (NASDAQ:KDLY) opened a new integrated behavioral health clinic location on the campus of Ogden Regional Medical Center, a MountainStar hospital owned by HCA Healthcare.
According to the company, the opening of its new location will allow the firm to enhance access to a larger hospital referral network.
“Our services of integrated physical and mental health treatment will add value to the campus and expand access to high-quality, specialized care. We look toward reaching milestones set at our IPO with the expansion of our Utah footprint and in-network status,” said KDLY CEO Tim Pickett. “Our innovative approach to integrated physical and mental health services creates a powerful convergence with this location, positioning us to deliver exceptional patient outcomes and broaden access to care.”
Kindly MD (NASDAQ:KDLY) is a patient-first healthcare and healthcare data company redefining value-based care and patient-centered medical services. It leverages data analysis to deliver evidence-based, personalized solutions in order to reduce opioid use, improve health outcomes faster, and provide algorithmic guidance on the use of alternative medicine in healthcare.
Overall, KDLY ranks 6th on our list of small firms kick off Monday with strong gains. While we acknowledge the potential of KDLY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as KDLY but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
