NASDAQ:RKTO

RKTO’s Friday Drop Came After Big Gains for Hoth Therapeutics Traders
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RKTO’s Friday Drop Came After Big Gains for Hoth Therapeutics Traders

Rocket One Inc. (RKTO), formerly Hoth Therapeutics, closed down 14.1% at $1.46 Friday after switching its Nasdaq ticker from HOTH to RKTO following a rebrand into AI and space tech. Shares had surged nearly 40% Thursday but retreated despite staying up 128.1% for the week. The company reported no revenue, a $2.69 million loss, and warned of “substantial doubt” about its ability to continue as a business.
May 31, 2026

Stock Market Today

  • BrainChip Holdings' Cash Burn: Why Investors Need Not Worry
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