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WORX jumps after new healthcare-system customer win

Investivoq PriceTracker

SCWorx Corp. (WORX) is up 76.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The sharp move appears tied primarily to SCWorx’s October 19, 2026 announcement of a new agreement with an independent, community-owned healthcare system spanning New Mexico, Arizona, Colorado, and Utah. The rally may also have been amplified by momentum trading after the company recently regained its Nasdaq listing and by the stock’s relatively limited public float, which can make price swings more extreme.

Details:

  • SCWorx said it signed a new customer agreement to provide healthcare supply-chain data management services intended to improve product-data accuracy, completeness, and usability.
  • The company described the deal as an expansion of its healthcare provider customer base and part of its strategy to build recurring revenue through new customer relationships.
  • Earlier this month, trading in WORX resumed on Nasdaq after the company said it had regained compliance with listing requirements, removing a major overhang tied to a prior delisting process.
  • SEC disclosures tied to the Nasdaq reinstatement showed publicly held shares just above the minimum listing threshold, which could help explain why strong buying interest translated into an outsized percentage gain.
  • Sources:

    SCWorx, SEC, ChartExchange

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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    $WORX Hedge Fund Activity

    We have seen 0 institutional investors add shares of $WORX stock to their portfolio, and 10 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • JANE STREET GROUP, LLC removed 105,575 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $36,951
    • GEODE CAPITAL MANAGEMENT, LLC removed 22,460 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $7,860
    • UBS GROUP AG removed 9,088 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $3,180
    • CITIGROUP INC removed 768 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $268
    • WELLS FARGO & COMPANY/MN removed 177 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $61
    • TOWER RESEARCH CAPITAL LLC (TRC) removed 169 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $59
    • XTX TOPCO LTD removed 89 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $31

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.