LSH Shares Fall After Profit Turnaround – Nasdaq Risk in Focus
Lakeside Holding Limited stock dropped hard Thursday. The small-cap firm said it turned a quarterly profit, but the market focused on lingering losses, an ongoing reset of its business, and a looming deadline to keep its Nasdaq listing. LSH dropped 10.6% to $0.514 after swinging from $0.514 to $0.579. The fall outpaced the Nasdaq Composite’s 0.38% midday slide.