New York, May 27, 2026, 17:05 (EDT)
- Infobird was last around $1.05 after reaching $1.80 earlier. Volume was about 1.39 million shares in delayed trading.
- The move was much stronger than the rest of the market, with the S&P 500, Nasdaq, and Dow all ending at new highs.
- Infobird reported 2025 revenue of $8.7 million in its latest annual filing, with a net loss of $57.2 million. That number included a hefty goodwill write-down.
Infobird Co., Ltd shot higher Wednesday in New York, shares reaching $1.80 and closing close to $1.05 as volume spiked on the Nasdaq. The stock was last up around 19% for the day, trading about 1.39 million shares, according to delayed data.
Infobird is a small name, so trading can push the price around. The company said it had about 8.19 million ordinary shares out as of March 31. With shares trading at $1.05, the market cap works out to under $10 million. That’s the stock price times the share count.
U.S. stocks rallied, but Infobird’s jump left the major averages behind. The Dow, S&P 500 and Nasdaq all set records as the Nasdaq closed up just 0.07%. “The broad market was participating,” Sean Clark, chief investment officer at Clark Capital Management Group, told Reuters. Adam Turnquist at LPL Financial said “technology leadership remains difficult to ignore,” but noted momentum looks stretched. Reuters
Agora, which offers real-time engagement APIs, jumped roughly 11.7% among U.S.-listed China and cloud software stocks. Kingsoft Cloud saw a 0.8% rise. Infobird didn’t match these moves, trading like a single-name microcap instead of following the group.
Infobird is telling a new story. The company’s annual filing says it offloaded its mainland China VIE business in 2023. That VIE setup lets outside investors tap into mainland Chinese companies. After picking up Pure Tech Global Ltd. in 2024, Infobird has shifted to focus on digital ad and marketing services.
Infobird booked all its 2025 operating revenue from digital advertising and marketing campaign services in mainland China, according to the filing, especially in the maternal and infant-products space. Revenue from continuing operations climbed to $8.7 million in 2025, up from $1.4 million last year.
Infobird’s growth didn’t turn into profit. The company posted a 2025 net loss of $57.2 million, wider than the $2.1 million loss in 2024. Results this year included a $54.8 million goodwill impairment. Goodwill is what a company records for future benefits from an acquisition. An impairment means Infobird wrote down that value on its balance sheet.
Infobird closed 2025 with around $5.1 million in cash and cash equivalents, according to its annual report. That’s a smaller cushion, though up from $4.7 million at the end of the prior year.
Infobird changed auditors earlier this year. In a January filing, Infobird said it dropped Audit Alliance LLP and hired Assentsure PAC as its independent auditor for the 2025 audit. Infobird said there were no disputes with Audit Alliance, but Audit Alliance’s old reports did raise questions about whether the company could stay in business — meaning its ability to keep operating was in doubt.
But there’s risk on both sides of the trade. Infobird, in its latest annual report, reported that two customers made up 80.7% and 11.3% of 2025 revenue. That puts results at risk if either buyer scales down. The company also mentioned regulatory, listing, and trading-market risks from its China business and Nasdaq listing. In a thinly traded stock, lower volume can turn a rally into a quick drop.
Infobird’s stock is looking at Wednesday’s volume as its next hurdle. If that momentum fades, the Nasdaq-listed company stays what it’s been: a small, jumpy name where the share price outruns business news.
