We recently compiled a list of the 10 Micro-, Small-Cap Companies Lead Monday's Charge.In this article, we are going to take a look at where Upexi, Inc. (NASDAQ:UPXI) stands against the other stocks.

The stock market ended the first trading day of the week in the negative territory, with all major indices recording hefty losses, as investors continued to digest the impact of President Donald Trump’s tariff policies and his criticism of the Federal Reserve.

The tech-heavy Nasdaq fell the hardest among the major indices, down 2.55 percent, followed by the Dow Jones at 2.48 percent, and the S&P 500 at 2.36 percent.

Meanwhile, 10 companies bucked a broader market bloodbath, recording strong gains during the day. We have listed the 10 top-performing companies, dominated by micro- to small-cap stocks, and detailed the reasons behind their gains.

To come up with the list, we considered only the stocks with less than $1 billion in market capitalization.

A lab worker conducting a quality control check on a newly created beauty product.

Upexi, Inc. (NASDAQ:UPXI)

Upexi, Inc. (NASDAQ:UPXI) skyrocketed by 335.68 percent on Monday to end at $9.89 apiece following news that it raised $100 million in fresh funds following a private placement that attracted buying interests of various crypto venture capital firms.

In a statement, Upexi, Inc. (NASDAQ:UPXI) said the transaction involves the sale of 43.86 million shares at a price of $2.28 apiece.

Of the total amount, Upexi, Inc. (NASDAQ:UPXI) plans to allocate as much as $94.7 million for the acquisition of Solana tokens and the establishment of its Solana treasury. Meanwhile, the remaining $5.3 million will be allocated for working capital and debt reduction. UPXI expects the offer to end by April 24, 2025.

Upexi, Inc. (NASDAQ:UPXI) is a brand owner specializing in the development, manufacturing, and distribution of consumer products. The company recently entered the cryptocurrency industry and cash management of assets through a cryptocurrency portfolio.

Overall UPXI ranks 1st on our list of Monday's top performers. While we acknowledge the potential of UPXI as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than UPXI but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

Story Continues

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.

View Comments