VSME Drops Back Under $1 After AI Shift, Nasdaq Sells Off
VS Media Holdings Limited shares slid 9.1% to 72.15 cents on Nasdaq Friday, losing ground after briefly trading above $1. The drop came during a broad selloff in growth and tech names. VS Media, already down more than 25% in the last five sessions, closed with a market cap of about $2.2 million. The company is a microcap. VSME’s push to draw investors to its AI plans is coming as small, thinly traded stocks are under pressure. The stock has fallen 25.6% in the past five days and is off 64.1% for the year, according to MarketScreener.