DIGINEX LTD (NASDAQ:DGNX) shares plummeted 29.06% in pre-market trading on December 31 2025 amid ongoing liquidity challenges and lack of recovery catalysts

DIGINEX LTD (NASDAQ:DGNX) shares plummeted 29.0625% in pre-market trading on December 31, 2025, marking one of the largest single-day declines in its recent history. The selloff follows a month of sustained pressure, with the stock having already shed 44.59% over the prior 30 days.

Analysts attribute the sharp drop to ongoing liquidity challenges and a lack of catalysts for near-term recovery. The company has faced persistent scrutiny over its business model and regulatory environment, which have limited investor confidence. The pre-market decline underscores the fragile positioning of the stock amid broader market volatility.

With no material news or earnings releases cited as an immediate trigger, the move reflects broader technical selling and margin-related pressures. The trajectory highlights the risks associated with low-liquidity positions in the current market climate, where rapid reversals can amplify downside momentum.

Investors are now closely watching whether the stock will find a floor amid continued market jitters. Technical indicators such as the RSI and KDJ lines have both shown overbought conditions earlier in the year but have since plummeted, pointing to exhaustion on the buy side. The lack of a clear path forward has left the stock vulnerable to continued downward pressure.

Despite the recent plunge, some analysts suggest that further catalysts — such as a potential restructuring or regulatory breakthrough — could offer a lifeline for the stock. However, given the company’s current financial position and market sentiment, such developments appear unlikely in the near term.