Why TEN Holdings stock is moving: XHLD slides premarket after 177% jump
Shares of TEN Holdings, Inc dropped roughly 33% to $2.36 in premarket trading by 8:49 a.m. ET Wednesday, following a huge 177% surge to $3.52 on Tuesday. Volume spiked to about 139 million shares that day, dwarfing the three-month average of around 3.2 million. Over the past year, the stock's price has ranged from a low of $1.05 to a high of $128.10, per Investing.com.