CCH Holdings (CCHH) jumps with Nasdaq $1 bid rule deadline close
CCH Holdings Ltd. stock soared in early U.S. trade Thursday, making the little-known Malaysian hotpot chain one of the most speculative movers of the morning. CCHH changed hands at $0.82 as of 6:50 a.m. EDT, a jump of 136.99% from its June 10 close at $0.346. The shares had closed the previous regular session almost unchanged but saw volume top 28 million. Investors are watching because the rebound moves CCHH closer to the $1 mark that Nasdaq flagged as a problem. CCH said back in February it got notice from Nasdaq after its ordinary shares stayed under the $1.00 minimum bid for 30 straight business days. The company said it has until August 3, 2026, to fix that by getting its closing bid up to at least $1.00 for 10 straight trading days. This minimum is about the closing bid, so a quick spike during the day doesn't count.
