Why Did IPDN Plunge 10.88%?

On September 4, 2025, Professional Diversity Network, Inc. (IPDN) experienced a significant drop of 10.88% in pre-market trading, marking a notable decline in its stock price.

IPDN's stock has been highly volatile in recent weeks, with a notable plunge of 19.58% in pre-market trading on September 2, 2025. This volatility was driven by a KDJ golden cross and concentrated buying, which had previously led to a substantial price surge.

Despite the lack of new company developments, IPDN's stock skyrocketed 268.05% to $7.19 during Friday's session. This dramatic increase has caught the attention of investors, who have seen the stock price rise by 288.0% over the past month.

One of the key factors contributing to IPDN's recent performance is the growth of its RemoteMore segment. In Q2 2025, RemoteMore's revenue grew by 55.7% year-over-year, which helped to narrow the company's overall loss. However, the core diversity hiring segments shrank, leading to a 2.9% decline in total revenue to $1.64 million.