Little-Known Stock Explodes 400% in Five Days Amid Meme Trading Mania
Shares of a little-known healthcare inventory have exploded this week as meme funding mania returns.
The California-based Healthcare Triangle Inc. (HCTI) erupted 400% in simply 5 days after the Nasdaq Hearings Panel determined to let the corporate stay on the Nasdaq Capital Market.
Healthcare Triangle payments itself as a high supplier of cloud and knowledge transformation options within the healthcare and life science sectors, licensed by the knowledge safety framework HITRUST.
The nano cap inventory started the week at $0.016, reaching a excessive of $.08 on Friday. HCTI is now buying and selling at $0.07 at time of publishing.
The Nasdaq will enable the inventory to proceed buying and selling so long as the corporate executes a reverse inventory cut up inside two weeks.
At that time, HCTI might want to shut at $1.00 or extra for 20 buying and selling days in a row by September fifth.
The inventory now has a market cap of simply over $30 million after reporting a ten% income decline in Q1 at $3.7 million.
The drop was triggered by decrease demand for the corporate’s companies throughout the board, with the agency’s 5 largest shoppers accounting for 57% of complete income.
The inventory opened 2025 at $0.89 and regardless of this week’s breakout, it’s down 92% year-to-date.
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