Global equity markets witnessed sharp stock-specific action on January 21, 2026, with select counters posting outsized gains and losses, while heavyweight ETFs and technology stocks dominated trading volumes.
Top Gainers
Shares of Namib Minerals Ordinary (NAMM) emerged as the top performer, rallying over 130%, followed closely by U.S. GoldMining Inc. (USGOW), which also surged more than 130%. Namib Minerals Warrants (NAMMW) recorded a strong triple-digit rise of over 125%, while Global Interactive Technologies (GITS) and PAVmed Inc. (PAVM) gained nearly 98% and 95%, respectively.
The sharp advances indicate heightened speculative interest and stock-specific triggers driving momentum in small-cap and micro-cap names.
Top Losers
On the downside, IO Biotech, Inc. (IOBT) led declines, plunging nearly 60%, followed by Venus Concept Inc. (VERO), which fell over 57%. UY Scuti Acquisition Corp (UYSCR), DEFSEC Technologies (DFSCW) and Innovation Beverage Group (IBG) also witnessed steep cuts, declining between 38% and 43%, reflecting heavy selling pressure in select high-risk counters.
Most Active by Volume
Trading activity remained elevated, with Direxion Daily Semiconductor Bear ETF (SOXS) topping the volume charts despite a marginal price decline. Intel Corporation (INTC), NVIDIA Corporation (NVDA) and leveraged ETFs such as ZSL also saw heavy participation, underscoring continued investor focus on the technology and semiconductor space. NAMM additionally featured among the most actively traded stocks following its sharp rally.
Most Active by Value
In terms of value turnover, SPDR S&P 500 ETF Trust (SPY) led the list, reflecting broad-based institutional activity. Invesco QQQ Trust (QQQ), NVIDIA (NVDA) and Tesla Inc. (TSLA) recorded strong gains alongside high dollar volumes, while Micron Technology (MU) also saw significant investor interest after a notable price jump.
