Crypto Crash or Comeback? Yueda Digital (YDKG) Stock Crashes 90% After Fundraise, Then Bounces – What’s Next
Yueda Digital (YDKG) stock plunged nearly 98% in mid-October after a $28 million share offering at $1, sending shares to a record low near $0.04. The collapse coincided with the CEO’s resignation and a tripling of the share count. Shares rebounded to $0.07–$0.09 by Oct. 23 amid heavy speculative trading. No major analysts cover YDKG, which remains volatile after its pivot to crypto.
