Group 1 - Hywin (NASDAQ:HYW) stock experienced a significant rally, closing up 91.2% on Monday, with 10.2 million shares traded compared to an average daily volume of 214,000 shares [1] - Despite the rally, HYW stock is down 62.8% year-to-date as of the close on Monday, and it has fallen 16.8% as of Tuesday morning with approximately 303,000 shares traded [1] - The company's float is relatively small at 8.65 million shares, which may contribute to the volatility in its stock price [1] Group 2 - Hywin received a delisting notice from the Nasdaq Exchange due to its shares not meeting the minimum bid price requirement [2] - The company has 180 trading days to adjust its share price, with the possibility of a 180-day extension if necessary, potentially through a reverse stock split [2]
Why Is Hywin (HYW) Stock Down 17% Today?