Stocks Under $1 to Watch: TAOP, WLGS, HIT, CTMX, JYD - Major Updates, Earnings & Offerings, More Inside....

Investors are closely monitoring several under-$1 Nasdaq-listed stocks delivering key updates and financial milestones this week:

CytomX Therapeutics, Inc. (NASDAQ: CTMX) surged in pre-market after announcing the pricing of a $100 million underwritten public offering. The company is issuing 76.9 million shares at $1.30 each to fund R&D and working capital. Backed by leading biotech investors such as Longitude Capital, OrbiMed, Venrock, and RTW, the offering is set to close May 13, 2025.

Jayud Global Ltd. (NASDAQ: JYD) continues building out its cross-border logistics empire. With operations in 16 countries and 12 Chinese provinces, JYD is leveraging Shenzhen's strategic location to dominate global freight and supply chain logistics.

Health In Tech (NASDAQ: HIT) made headlines with the appointment of former U.S. Ambassador Edward T. McMullen Jr. to its new advisory board. CEO Tim Johnson also highlighted the company's 56% revenue growth and AI-powered health platform on Listen to Podcast Now! [https://thestreetreports.com/health-in-technologys-nasdaq-hit-ceo-tim-johnson-discusses-company-in-2025-revenue-growth-and-healthcare-on-the-street-reports-podcast-listen-now/]

Gryphon Digital Mining (NASDAQ: GRYP) is releasing earnings today as interest in carbon-negative Bitcoin mining continues to rise. Investors are watching closely as Gryphon's clean-energy blockchain strategy gains institutional momentum.

Taoping Inc. (NASDAQ: TAOP), active in cloud-based display and IoT solutions for sectors ranging from healthcare to education, remains on watch amid renewed interest in smart infrastructure and digital transformation tech.

WANG & LEE GROUP Inc. (NASDAQ: WLGS) provides essential MVAC and safety systems for infrastructure projects across Asia. As construction season heats up, WLGS may gain momentum from regional project demand and utility upgrades.

Peraso Inc. (NASDAQ: PRSO), a semiconductor leader in mmWave tech, is scheduled to release Q1 earnings after the close. Analysts project a $0.16 per-share loss, marking an 80.7% year-over-year improvement. Revenue is expected to rise 34% to $3.78 million as the company expands its PERSPECTUS wireless infrastructure line. See Earnings Preview [https://seekingalpha.com/news/4446031-peraso-q1-earnings-preview?source=feed_f&utm_campaign=twitter_automated&utm_content=news&utm_medium=social&utm_source=twitter_automated]

With major earnings reports, strategic appointments, and capital raises making waves, these sub-$1 stocks are drawing increased attention from both institutional and retail investors. As market sentiment pivots toward high-upside, low-entry opportunities, names like CTMX, HIT, GRYP, TAOP, JYD, WLGS and PRSO stand out with tangible catalysts in motion. Investors seeking momentum plays in biotech, semiconductor, digital health, and crypto infrastructure should keep a close watch on these undervalued tickers as the week unfolds.

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