CCH Holdings Advances Before Holiday, $1 Nasdaq Mark Remains Key
CCH Holdings Ltd ended the session Friday at just below 49 cents in the U.S. after a sharp move higher before the long weekend. The Malaysia-based hotpot chain, which still trades under the $1 Nasdaq threshold, remains short of the exchange’s minimum price rule. Markets won’t open again until Tuesday. The Nasdaq is closed for the weekend, and it will also stay shut on Monday for Memorial Day. Investors looking for signs on the bounce will need to wait.