Why MKDWELL Tech Inc. (MKDW) Soared on Monday
From Yahoo Finance: 2025-04-22 09:42:00
On Monday, the stock market saw major losses as investors reacted to President Trump’s tariff policies and Fed criticism. The Nasdaq fell 2.55%, Dow Jones 2.48%, and S&P 500 2.36%. However, 10 companies, mostly micro- to small-cap stocks, saw significant gains despite the market downturn.
MKDWELL Tech Inc. (NASDAQ:MKDW) experienced a third consecutive day of share price surges, closing at $0.3891 per share, up 70.66%. The company has been trading below Nasdaq’s minimum bid price requirement since October 2024, receiving a notification letter regarding non-compliance.
MKDWELL Tech Inc. (NASDAQ:MKDW) has until August 11, 2025, to reach compliance with Nasdaq’s minimum bid price of $1 per share for 10 consecutive business days. Failure to do so may result in delisting unless a reverse stock split is implemented by the company.
Ranked 4th among Monday’s top performers, MKDWELL Tech Inc. shows promise but other AI stocks may offer greater potential returns in a shorter timeframe. Consider exploring our report on the cheapest AI stock that has shown growth in 2025 while popular AI stocks have seen declines.
Read more at Yahoo Finance: Why MKDWELL Tech Inc. (MKDW) Soared on Monday