We recently published an article titled Micro-, Small-Cap Firms Dominate Market Rally. In this article, we are going to take a look at where iHeartMedia, Inc. (NASDAQ:IHRT) stands against the other stocks.

The stock market pulled back to the red territory on Thursday, with all major indices posting significant losses as tariff threats continued to rattle investors.

The tech-heavy Nasdaq posted the largest loss, down 2.61 percent, followed by the S&P 500 with 1.78 percent, and the Dow Jones with 0.99 percent.

On Thursday, 10 micro and small-cap companies defied a broader market decline, with their share prices jumping by as much as double digits. One company stood out, soaring more than 300 percent during the session.

To come up with Thursday’s top performers, we considered the stocks with the highest day change performance.

A radio tower with a setting sun in the background, symbolizing the power of broadcasting.

iHeartMedia, Inc. (NASDAQ:IHRT)

iHeartMedia, Inc. (NASDAQ:IHRT) snapped a five-day losing streak on Thursday, rising 23.18 percent to finish at $1.86 apiece as investors resorted to bargain-hunting to take advantage of its cheap valuation.

Investor sentiment was helped by the company’s CEO Robert Pittman purchasing 200,000 in IHRT’s shares at a price of $1.6002 apiece for a total amount of $320,000. Including its latest acquisition, Pittman’s direct ownership in the company now stands at 4.2 million.

In other news, iHeartMedia, Inc. (NASDAQ:IHRT) recently partnered with Kidde, a company that has specialized in fire safety for more than 100 years, to promote home safety.

The collaboration aims to close the fire and CO safety education gap and help keep communities safe through local events hosted at designated Home Depot stores and promotional support from iHeartMedia, Inc. (NASDAQ:IHRT) across the country.

The campaign also includes donations to local fire departments for distribution to those in need.

Overall IHRT ranks 9th on our list of Thursday's top performers. While we acknowledge the potential of IHRT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than IHRT but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.