Nuvve Stock Jumps 69% as Post-Split Shares Turn Over 29 Times, but Nasdaq Risk Remains
Nuvve Holding Corp. shares jumped 68.6% to $14.80 in early-afternoon trading on Friday, after reaching $20.60, as 15.24 million shares changed hands. Volume was 29.1 times the roughly 524,652 shares Nuvve said would remain after its 1-for-18 reverse split. The same share can trade repeatedly, but the ratio shows unusually fast churn; the stock was already 28% below its session high.