Promising Mid Cap Stocks To Follow Now – June 12th

AltC Acquisition, GameStop, Oklo, Direxion Daily TSLA Bull 2X Shares, and Rigetti Computing are the five Mid Cap stocks to watch today, according to MarketBeat’s stock screener tool. Mid-cap stocks are shares of companies whose total market capitalization typically falls between about $2 billion and $10 billion. These firms are generally more established than small-caps but still have significant growth potential compared with large-caps. Investors often view mid-caps as a balanced choice, offering a blend of moderate risk and return. These companies had the highest dollar trading volume of any Mid Cap stocks within the last several days.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

Shares of NYSE:ALCC traded up $15.49 on Thursday, reaching $68.03. 55,913,501 shares of the company traded hands, compared to its average volume of 723,393. The business’s 50-day simple moving average is $33.00 and its 200 day simple moving average is $30.74. AltC Acquisition has a 52 week low of $10.27 and a 52 week high of $18.80.

GameStop (GME)

GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads.

Shares of GME stock traded down $6.67 on Thursday, hitting $21.88. The company had a trading volume of 133,121,479 shares, compared to its average volume of 12,999,617. The company has a 50-day moving average price of $28.03 and a 200-day moving average price of $27.46. GameStop has a twelve month low of $18.73 and a twelve month high of $35.81. The firm has a market cap of $9.79 billion, a P/E ratio of 121.56 and a beta of -0.69.

Oklo (OKLO)

Oklo Inc. designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.

OKLO stock traded down $1.43 on Thursday, reaching $66.60. The company had a trading volume of 33,232,407 shares, compared to its average volume of 13,515,319. Oklo has a 1 year low of $5.35 and a 1 year high of $70.86. The company has a market cap of $9.27 billion, a P/E ratio of -12.31 and a beta of 0.58. The company’s fifty day moving average is $34.10 and its 200 day moving average is $31.16.

Direxion Daily TSLA Bull 2X Shares (TSLL)

Shares of NASDAQ TSLL traded down $0.57 during mid-day trading on Thursday, hitting $12.21. The company had a trading volume of 162,815,722 shares, compared to its average volume of 108,184,732. The firm’s 50 day simple moving average is $11.33 and its two-hundred day simple moving average is $17.89. The stock has a market cap of $5.99 billion, a price-to-earnings ratio of 88.55 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a 12 month low of $6.29 and a 12 month high of $41.50.

Rigetti Computing (RGTI)

Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service.

NASDAQ RGTI traded down $0.25 on Thursday, hitting $12.27. 85,128,088 shares of the stock were exchanged, compared to its average volume of 56,870,383. The company has a market capitalization of $3.56 billion, a price-to-earnings ratio of -32.29 and a beta of 1.50. Rigetti Computing has a 52-week low of $0.66 and a 52-week high of $21.42. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.84 and a quick ratio of 4.84. The company’s 50-day moving average price is $10.49 and its two-hundred day moving average price is $10.18.