Webuy Stock Resumes Trade With Share Overhang After Holiday Pause
Webuy Global Ltd is facing another share-supply overhang as trading resumes Tuesday. The Nasdaq-listed travel firm lost about 5% last week. U.S. equities were paused Monday for Memorial Day, with Nasdaq showing the market shut May 25. Trading hours are 9:30 a.m. to 4 p.m. Eastern on open days. WBUY ended Friday at $1.13, gaining 2.7% for the session but off from the $1.19 close last week. Only 25,654 shares changed hands. WBUY traded between $1.04 and $1.19 for the week. Liquidity in WBUY can be thin, making it harder to buy or sell without big price moves.