# 📉 Biggest losers under $5 right now
|Ticker|Company|Price|Move|What appears to be driving it|
|:-|:-|:-|:-|:-|
|**KNRX**|Knorex|\~$0.74|**-39.9%**|Sharp reversal after its huge prior-session run|
|**XHLD**|TEN Holdings|\~$0.81|**-17.2%**|Heavy selling/volatility|
|**GLND**|Greenland Energy|\~$4.02|**-10.5%**|Profit-taking after recent strong run|
|**EGG**|Enigmatig|\~$4.03|**-9.4%**|Pullback after substantial recent momentum|
|**CLRO**|ClearOne|\~$4.64|**-8.9%**|Selling pressure after recent volatility|
|**NIO**|NIO|\~$3.52|**-2.1%**|Broader weakness in the market/EV space|
# 🌎 Why small caps are getting hit
There's also a broader market factor today.
The **Russell 2000**, which tracks U.S. small-cap stocks, was down around **1%** and approaching correction territory. MarketWatch attributes much of the pressure to sharply rising Treasury yields; the 10-year yield has reached its highest level in roughly 19 years. Smaller companies can be particularly sensitive to higher borrowing costs.
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