Direct Digital Holdings stock price jumps 71% in premarket as DRCT rally puts Nasdaq deadline back in focus
Direct Digital Holdings shares jumped 71% to $3.95 in premarket trading Friday after a 30% gain Thursday. The surge follows a 55-for-1 reverse stock split that cut the Class A share count to about 1.3 million. Nasdaq’s Jan. 30 deadline for the $1 minimum bid price rule still threatens delisting. Trading volume Thursday reached nearly 12 million shares.