Shares of a less well-known health care shares have exploded this week as a meme investment mania return.
The Healthcare Triangle Inc., based in California (HCTI) 400% broke out in just five days after the Nasdaq hearing panel decided to have the company stay on the Nasdaq capital market.
Healthcare Triangle invoices itself as a top provider of cloud and data transformation solutions in the Healthcare and Life Science sectors, certified by the Hitrust of Information Security.
The Nano Cap shares started the week at $ 0.016 and reached a highlight of $ 0.08 on Friday. HCTI now acts at $ 0.07 at the time of publication.
The share can continue to act with the Nasdaq as long as the company carries out a reverse distribution distribution within two weeks.
At that time, HCTI must close $ 1.00 or more for 20 trading days in a row before 5 September on 5 September.
The share now has a market capitalization of just over $ 30 million after reporting a turnover decrease of 10% in Q1 at $ 3.7 million.
The decrease was activated by a lower demand for the services of the company across the board, with the five largest customers of the company being good for 57% of the total turnover.
The share opened 2025 at $ 0.89 and despite the outbreak of this week it has fallen by 92% to date a year to date.
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Generated image: midjourney
