Rain Enhancement (NASDAQ:RAIN) gives up 142% surge with Nasdaq compliance deadline close
Rain Enhancement Technologies Holdco, Inc. gave up a 141.8% gain in premarket trading on Tuesday. The stock was priced at $3.82 before the market opened, but later dropped below Monday’s closing price of $1.58. By 9:58 a.m. EDT, shares exchanged hands at $1.46. Nasdaq markets remained open.