Wetouch Stock Slid Into the Weekend—The Siemens Signal Traders Are Watching
Wetouch Technology Inc. heads into June under pressure after a holiday-shortened week in which its Nasdaq-listed shares fell about 13%, ending Friday’s regular session at $1.39 despite a late-week company update tied to Siemens. The stock slipped 0.7% on Friday, with 89,793 shares traded, after closing the prior Friday at $1.60. That matters now because there is no Sunday tape to judge. Nasdaq’s regular stock trading runs Monday through Friday from 9:30 a.m. to 4:00 p.m. Eastern Time, and U.S. markets were closed on Monday, May 25, for Memorial Day.