Why These 10 Small-Cap Stocks Are Skyrocketing

6. VEON Ltd. (NASDAQ:VEON)

30-day Return as of January 16, 2024: 29%

VEON reached $46.04 on January 16, registering a 29% increase from its share price of $35.71 on December 16, 2024. VEON Ltd. (NASDAQ:VEON) is a global digital operator that provides connectivity and digital services to 160 million customers in 6 markets across the globe. These six markets make up 7% of the world’s population.

Over the past month, the company has made some massive changes to its business model. To elaborate, in the past 30 days, the company has secured a partnership with Starlink for satellite connectivity in Ukraine, relocated its headquarters to Dubai, and decided to list Kyivstar, its telecom unit in Ukraine, on NASDAQ.

The company is committed to providing 4G connectivity to everyone and with its decision to list Kyivstar, which has a customer base of 24 million customers, other investors in the United States will be able to directly participate in the recovery of the Ukrainian economy.