Healthcare Triangle Stock Soars 12.5% Amid Delisting Notice

Healthcare Triangle's stock price surged by 12.5% in pre-market trading on June 2, 2025, marking a significant rebound after a period of decline.

Healthcare Triangle has been facing a challenging period, with its stock price touching a 52-week low of $0.01 amid a steep decline. The company has also received a delisting notice from the Nasdaq Stock Market due to non-compliance with listing requirements. This notice has raised concerns among investors about the company's financial health and future prospects.

Despite these challenges, Healthcare Triangle has been working to address the issues that led to the delisting notice. The company's general and administrative expenses increased to US$1.08 million in the first quarter of 2025, compared to US$0.70 million in the same quarter in 2024. This increase reflects the company's efforts to improve its operations and financial performance.