Hotel101 Stock Faces Pre-Nasdaq Pressure as Madrid Prepares for Launch
Hotel101 Global Holdings last traded at $5.55 before Tuesday’s Nasdaq session, down from last week’s closes. Shares dropped after a Madrid update and remain thinly traded, with no new filings since May 19. Hotel101-Madrid reported over 100,000 euros in single-day room revenue at full occupancy. The company is seeking up to $300 million in a proposed Series A raise.