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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 Dominari Holdings Inc. (NASDAQ:DOMH) 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.
A scientist working in a laboratory, researching a new biotechnology drug.
Dominari Holdings Inc. (NASDAQ:DOMH)
Dominari Holdings Inc. (NASDAQ:DOMH) saw its share prices jump by 41.6 percent at intra-day trading on Monday before finishing the day just up by 32.93 percent at $5.49 apiece, in line with the overall market sentiment and general optimism following the addition of President Donald Trump’s sons to the advisory board.
The president’s sons, Donald Jr. and Eric joined the board last month after investing in the company through a private placement.
Dominari Holdings (NASDAQ:DOMH) was one of the small companies they were directly invested in, after e-commerce platform Public Square, drone manufacturing Unusual Machines, and financial services firm Differentiated Analytics, among others.
Following their board membership, Dominari Securities CEO Kyle Wool said that he was thrilled with the addition of Donald Jr. and Eric, saying that their invaluable leadership and strategic insight will be highly beneficial for our firm.
“Their guidance is expected to be instrumental as we continue to seek attractive investment opportunities, particularly in the rapidly evolving AI and Data Center sector,” he said.
Overall, DOMH ranks 10th on our list of small firms kick off Monday with strong gains. While we acknowledge the potential of DOMH 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 DOMH but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.