Crypto Crash or Comeback? Yueda Digital (YDKG) Stock Crashes 90% After Fundraise, Then Bounces – What’s Next
Yueda Digital Holding’s stock saw a stunning collapse in mid-October. Over an eight-day rout, shares cratered from around $3 to mere pennies, wiping out virtually all 2025 gains ts2.tech. By October 20, YDKG closed at $0.043 – down ~98% in just ten trading days ts2.tech. This plunge marked a new 52-week low and erased a year’s worth of stock price appreciation simplywall.st. Trading volume exploded during the sell-off as panicked investors rushed to exit; on Oct. 20, volume hit 128 million shares, highlighting the frantic dumping of shares ts2.tech stockinvest.us. In the days since hitting bottom, YDKG has staged a sharp bounce. The stock closed at $0.068 on Oct. 22 investing.com and briefly traded around $0.09 in early pre-market on Oct. 23 itiger.com. From the $0.04 trough, YDKG has leapt roughly 60% in a “dead cat bounce.” However, shares remain ~90% below where they traded before the collapse and a staggering 99% off their 52-week high of $6.69 investing.com. In other words, the recent uptick recovers only a tiny fraction of the prior loss. Analysts caution that such extreme volatility – daily swings over 20% and an eightfold spike in trading volume – underscores the stock’s highly speculative nature finimize.com
