NEW YORK, July 2, 2026, 11:07 EDT
- Big Tree Cloud Holdings Limited NASDAQ:DSY last traded at $4.34 as of 10:52 a.m. EDT, jumping 50.7%. Volume was 17.4 million shares.
- That’s around 3.7x the most recent total Class A and B shares the company reported, and 13.9x the Class A shares alone, filings show.
- The new price puts implied equity value at around $20.6 million. That’s about 41 times the six-month revenue the company reported for the period ending Dec. 31, 2025.
- Nasdaq said July 3, 2026 will be closed for Independence Day observed.
Big Tree Cloud Holdings Limited NASDAQ:DSY shot higher Thursday, with trading showing patterns more typical of a share-count move than a standard earnings or news reaction.
Shares of the Shenzhen-based company jumped 50.7% to $4.34 as of 10:52 a.m. EDT. The stock started the day at $4.15, touched a high of $6.24 and dropped to $3.75 at its low. Volume came in at 17.4 million shares.
Big Tree Cloud listed 1,251,873 Class A shares and 3,500,000 Class B shares outstanding after its 1-for-20 reverse split and share redesignation, according to its April 3 filing. That’s 4,751,873 shares total. By Thursday morning, trading volume was already 3.7 times that figure and 13.9 times higher than the Class A shares reported in the filing.
| Market check | Latest level/price | Move | Intraday range | Volume |
|---|---|---|---|---|
| Big Tree Cloud Holdings Limited NASDAQ:DSY | $4.34 | up 50.7% | $3.75 to $6.24 | 17.4 million |
| iShares Russell 2000 ETF (NYSEARCA:IWM) | $298.50 | down 0.3% | $298.44 to $302.19 | 6.2 million |
| Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP) | $84.39 | higher by 1.3% | $83.34 to $84.49 | 2.7 million |
| Nasdaq Composite (INDEXNASDAQ:.IXIC) | 25,979.85 | off 0.2% | 25,930.66 to 26,261.09 | — |
The table lists the most recent prices for DSY, IWM and XLP. It uses a 10:50 a.m. EDT quote for the Nasdaq Composite, according to .
Why it matters: with a microcap like this, trading volume above the last reported float can yank the price far from any fundamentals. That puts more focus on the close before Friday’s U.S. holiday, since Nasdaq trading is shut on July 3 for Independence Day observed.
No fresh news came out Thursday. The most recent press release on Big Tree Cloud’s investor-relations site was dated April 8, when it said Nasdaq had approved moving its Class A ordinary shares from the Nasdaq Global Market to the Nasdaq Capital Market. The change took effect April 9 and the ticker stayed “DSY.” InvestorRoom
| Cross-check | Figure | Read-through at $4.34 |
|---|---|---|
| Most recent total Class A and Class B shares | 4,751,873 | Equity valued at roughly $20.6 million |
| Most recent Class A shares | 1,251,873 | Morning trading topped this amount by about 13.9 times |
| Cash and cash equivalents, Dec. 31, 2025 | $4.5 mln | Market cap runs about 4.6 times cash |
| Total shareholders’ equity, Dec. 31, 2025 | $3.9 mln | Market value about 5.3x equity |
| Six-month revenue to Dec. 31, 2025 | $504,145 | Share value sits at roughly 41 times six-month sales |
| Six-month net loss to Dec. 31, 2025 | $2.0 mln | Loss comes in around four times compared with revenue |
Big Tree Cloud saw net revenue drop to $504,145 for the six months ended Dec. 31, 2025, from $1.0 million a year earlier. Gross profit is down to $13,269 versus $672,577 last year. The company reported a net loss of $2.0 million, after posting net income of $1.9 million a year ago.
The company has worked to build an AI angle into its business, which is still focused on China’s personal care sector. In February, it reported early AI technical service deals worth around RMB 4.5 million, or about $620,000. “We will continue to invest in both enterprise and individual AI businesses,” Chairman Wenquan Zhu said at the time. InvestorRoom
Big Tree Cloud made changes to its capital structure earlier this year. The company said shareholders backed a 1-for-20 reverse split and set up a dual-class share system. Class A shares are set to start trading on Nasdaq from Feb. 23 under the symbol DSY.
Big Tree Cloud said in March it was back in compliance with Nasdaq’s $1 minimum bid price after its shares closed at $1 or above for 10 trading days, from Feb. 23 through March 6.
