Masonglory Stock Gains, But $1 Nasdaq Listing Hurdle Still Ahead
Masonglory shares jumped 14.77% to $0.5222 Monday but slipped to $0.5040 in pre-market trading Tuesday, still below Nasdaq’s $1 minimum. The Hong Kong subcontractor faces a September 2026 deadline to regain compliance after 30 straight days under $1 earlier this year. Recent filings showed six-month net income fell 80% to $146,780 on weaker revenue. No new company announcements explained Monday’s surge.