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Little-Known Stock Explodes 400% in Five Days Amid Meme Trading Mania

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Credit : dailyhodl.com

Shares of a much less well-known well being care shares have exploded this week as a meme funding mania return.

The Healthcare Triangle Inc., primarily based in California (HCTI) 400% broke out in simply 5 days after the Nasdaq listening to panel determined to have the corporate keep on the Nasdaq capital market.

Healthcare Triangle invoices itself as a high supplier of cloud and information transformation options within the Healthcare and Life Science sectors, licensed by the Hitrust of Data Safety.

The Nano Cap shares began the week at $ 0.016 and reached a spotlight of $ 0.08 on Friday. HCTI now acts at $ 0.07 on the time of publication.

The share can proceed to behave with the Nasdaq so long as the corporate carries out a reverse distribution distribution inside two weeks.

At the moment, HCTI should shut $ 1.00 or extra for 20 buying and selling days in a row earlier than 5 September on 5 September.

The share now has a market capitalization of simply over $ 30 million after reporting a turnover lower of 10% in Q1 at $ 3.7 million.

The lower was activated by a decrease demand for the providers of the corporate throughout the board, with the 5 largest clients of the corporate being good for 57% of the whole turnover.

The share opened 2025 at $ 0.89 and regardless of the outbreak of this week it has fallen by 92% up to now a 12 months up to now.

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