# Top Losers (Biggest % Decliners)
* **HKIT (Hitek Global Inc.)** — **-90.58%** (very small market cap)
* **Why?** Sharp drop likely tied to a **reverse stock split** (recently announced 1-for-3 or similar to maintain Nasdaq compliance) and ongoing dilution/poor fundamentals for this IT services company. Penny stocks like this frequently crash post-split or on low-float volatility.
* **JZ** — **-77%**
* **FULC (Fulcrum Therapeutics)** — **-51%** (more established small/mid-cap biotech; likely clinical trial failure or bad data)
* **SPCE (Virgin Galactic)** — **-39%** (space stock, possibly on funding/news disappointment)
Other losers like
**HRTX**,
**LILAV**,
**ABVX** also saw heavy drops.