DIH Holdings US Stock (DHAI) Plunges 50% - Here’s What Wall Street Missed About Digital Assets
Another traditional finance bloodbath as DIH Holdings tanks 50% in single session
WHY TRADITIONAL INVESTORS ARE PANICKING
The old guard's latest casualty shows exactly why crypto continues eating their lunch - while they're busy reading quarterly reports, blockchain networks are processing billions in real-time value transfer
DHAI's collapse highlights the fundamental mismatch between legacy valuation models and actual technological disruption
Meanwhile, Bitcoin's up 150% year-to-date - but sure, keep trusting those 'stable' blue chips that can lose half their value before lunch
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DIH Holdings US has the option to appeal this decision but instead intends to seek a listing on the Over-the-Counter market while still using the DHAI stock ticker. It also warned shareholders that they may have problems trading the company’s shares once this change goes into effect.
DIH Holdings US is being booted off the Nasdaq because it isn’t compliant with several rules. To go along with that, the company issued a going concern warning with this delisting notice. It said it needs additional capital to continue its day-to-day operations. As a result, it will suspend operations while it pursues strategic alternatives.
DIH Holdings US Stock Movement Today
DIH Holdings US stock was down 50.71% in pre-market trading on Thursday, following an 8.98% rally yesterday. The shares have fallen 94.72% year-to-date and the same over the past 12 months.
With today’s news came subdued trading of DHAI stock, as some 438,000 shares changed hands, compared to a three-month daily average of about 1.62 million units.
Is DIH Holdings US Stock a Buy, Sell, or Hold?
Turning to Wall Street, analyst coverage of DIH Holdings US is lacking. Fortunately, TipRanks’ AI analyst Spark has it covered. Spark rates DHAI stock as an Underperform (38) with a $1.50 price target. It cites “poor financial performance and bearish technical indicators” as reasons for this stance.
