Today: 11 June 2026
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NASDAQ:DRCT 17 December 2025 - 23 January 2026

Direct Digital Holdings stock price jumps 71% in premarket as DRCT rally puts Nasdaq deadline back in focus

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.
23 January 2026
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Direct Digital (DRCT) stock jumps in premarket as SEC filing spotlights Nasdaq listing crunch

Direct Digital (DRCT) stock jumps in premarket as SEC filing spotlights Nasdaq listing crunch

Direct Digital Holdings shares jumped about 35% in premarket trading after the company disclosed its special shareholder meeting was adjourned for lack of quorum and rescheduled to Dec. 30. Investors are watching a pending vote on a reverse stock split and share-issuance proposals needed to meet Nasdaq’s $1 minimum bid requirement. The company faces a Jan. 30, 2026 deadline to regain compliance or risk delisting.
31 December 2025
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Stock Market Today

  • SpaceX's $1.77 Trillion IPO Sparks Wall Street Debate Over Valuation and Musk's Ambitions
    June 11, 2026, 9:36 AM EDT. SpaceX is set to launch its record $1.77 trillion initial public offering (IPO) on June 12, aiming to raise $75 billion by selling shares at $135 each under the ticker SPCX. The offering reflects robust investor interest in AI and high-growth tech firms but faces scrutiny over its lofty valuation, trading at about 94 times trailing sales despite a $4.94 billion loss on $18.67 billion revenue in 2025. Analysts remain divided: some view it as a speculative leap, while others see potential for a Musk-led conglomerate merger with Tesla, leveraging SpaceX's AI computing infrastructure and its $920 million monthly Google deal. The IPO is reportedly oversubscribed, signaling possible volatile trading on debut.

Latest articles

Alibaba Drops After Beijing Puts 618 Subsidies in the Spotlight

Alibaba Drops After Beijing Puts 618 Subsidies in the Spotlight

11 June 2026
Alibaba’s Hong Kong shares plunged 5.4% after Beijing regulators challenged Taobao and Tmall’s 6.18 shopping festival discount claims, intensifying regulatory risk just as U.S.-listed shares had fallen for six straight sessions and raising investor concerns over profit margins and future promotions.
Grab Shares Trade Near 52-Week Lows With Eyes on Taiwan Foodpanda Deal

Grab Shares Trade Near 52-Week Lows With Eyes on Taiwan Foodpanda Deal

11 June 2026
Grab shares hovered at $3.27, just above their 52-week low, as investors await regulatory approval for its $600 million foodpanda Taiwan deal—a move expected to add $60 million in adjusted EBITDA by 2028 but still shadowed by execution and regulatory risks despite strong Q1 growth.
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