Gelteq Stock Plunges 16.95% as Investors Reassess Deal
On June 11, 2025, Gelteq's stock experienced a significant drop of 16.95% in pre-market trading, indicating a notable shift in investor sentiment.
Gelteq's stock has seen significant volatility in recent trading sessions. On Tuesday, the company's shares initially soared by 71% following the announcement of an exclusive logistics and distribution agreement with Healthy Extracts Inc. This deal marked a major expansion of Gelteq's U.S. commercial operations, which likely contributed to the initial surge in stock price.
However, the stock's performance has been inconsistent. Earlier in the day, Gelteq's shares moved upwards by 241.7% during the regular session, reflecting a dramatic increase in market value. This was followed by a 48.83% increase, reaching $2.53 during Tuesday's session, and a 40.59% increase in share price during the pre-market session, reaching $2.39.
Despite these fluctuations, the recent drop in pre-market trading suggests that investors may be reassessing the company's prospects following the initial excitement surrounding the new agreement. The market cap of GelteqGELS-- has also seen variations, standing at $17.4 million and $25.1 million at different points, indicating the dynamic nature of investor sentiment towards the company.

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