NASDAQ:WTO 14 November 2025

UTime Limited (NASDAQ: WTO) Rockets Nearly 100% As Reverse Stock Split Sparks Wild Trading – What Investors Need To Know Today

UTime Limited (NASDAQ: WTO) shares jumped over 100% to around $0.04 Friday afternoon after closing at $0.02 Thursday, erasing a 33% loss. More than 700 million shares traded, far above the three-month daily average of 29 million. The spike comes days before a planned 1-for-100 reverse stock split to maintain Nasdaq listing. Pre-market trading saw similar volatility, with gains up to 99%.

14 November 2025

Nasdaq·NASDAQ:WTO·Stock Market

Boston's Merlin Becomes First Tech Company of 2024 to List on Nasdaq via SPAC
March 20, 2026, 4:44 PM EDT. Merlin, a Boston-based autonomous aviation startup, went public on Nasdaq on St. Patrick's Day through a special purpose acquisition company (SPAC) merger with Inflection Point. Shares closed Monday at $9.03 under ticker MRLN. The company, which develops technology for reduced-pilot and pilotless flight, recently secured a $105 million U.S. defense contract involving Lockheed Martin's C-130J airlifter. With roughly $200 million in proceeds from the SPAC deal, Merlin plans to double its 200-person workforce and relocate to larger Boston-area facilities. Founder Matt George called the NASDAQ debut a significant milestone for the company and Boston's tech sector.