Shares of rYojbaba have been on a roller-coaster since its Nasdaq debut. After peaking at $3.75 on debut day, RYOJ plunged to an intraday low of $1.81 on Sept 4tradingview.com. SimplyWallSt flagged sentiment “deteriorates” when the stock fell 19% on Sept 4 and another 16% on Oct 3simplywall.st. Last week’s rally flipped the script: trading volume spiked as investors piled in, pushing the pre-rally price up by ~2.5% for the weektradingview.com. The blockbuster Oct 15 move appears to have been driven by heavy trading and momentum rather than any company announcement. For perspective, tech-heavy indexes have also been volatile: the Nasdaq Composite hit new records early October before pulling back on trade-war and Fed concernsts2.techts2.tech.
