US Stock Market Move | So-Young International, Inc. Sponsored ADR Class A (SY.US) hit a 52-week high, with a cumulative increase of over 591% since the beginning of the year.
As of the time of writing, the stock has risen more than 11%, reaching $5.57.
On Friday, the stock price of So-Young International, Inc. Sponsored ADR Class A (SY.US) rose, reaching a 52-week high of $5.77. As of press time, the stock had risen over 11% to $5.57. Just one month ago, the company's stock price was only $0.96 per share, with a market value of less than $100 million. In just 30 days, the stock price has risen over 440%, and the market value has increased by over $400 million. Year-to-date, the stock has risen over 591%. The rise in stock price has helped So-Young International, Inc. Sponsored ADR Class A avoid delisting risk. According to Nasdaq regulations, if a company's stock price is below $1 per share for 30 consecutive trading days, they will be required to take corrective action. In August 2024, So-Young International, Inc. Sponsored ADR Class A was required to take corrective action, with a deadline of August 25, 2025. Since mid-June, the stock price has risen, bringing it into compliance with regulatory requirements.
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