CCH Holdings (CCHH) jumps with Nasdaq $1 bid rule deadline close
CCH Holdings soared 136.99% to $0.82 in premarket trading after being flagged as a top U.S. mover, pulling the Malaysian hotpot chain closer to Nasdaq’s $1 minimum bid requirement ahead of its August 3 deadline, despite no new earnings or business catalyst and recent financial losses, raising questions about the rally’s sustainability.