Trident Digital Stock Slips After Nasdaq Reprieve — What TDTH Investors Are Watching Now
Trident Digital Tech Holdings Ltd’s Nasdaq-listed American depositary shares, U.S.-traded certificates representing foreign shares, fell 1.9% to $2.52 in regular Monday trading, giving back ground after a week of listing-compliance news and AI partnership headlines. The ADSs opened at $2.58, touched $2.71, and traded as low as $2.52 on volume of 19,648 shares, market data showed. The move matters because the stock is now trading after a near-term Nasdaq threat was eased. Trident said last week that Nasdaq had confirmed the company regained compliance with the exchange’s $1 minimum bid price rule, a listing test based on whether a stock can keep its bid price above a required floor, and canceled a June 4 hearing. Chief Executive Soon Huat Lim