Jiuzi Holdings Plunges 79.19% to 2025 Low

Jiuzi Holdings' stock price experienced a significant decline, falling to its lowest level since January 2025, with an intraday drop of 79.19%.

Jiuzi Holdings' stock price has been influenced by several key factors recently. The company announced its intention to acquire Shenzhen Maigesong Electric Technology, which has sparked investor interest and could potentially impact the stock's valuation. This acquisition could be seen as a strategic move to expand the company's market presence and technological capabilities, thereby influencing investor sentiment positively.

Additionally, there has been a notable increase in short interest during March, which may reflect growing market skepticism or speculative trading. This rise in short interest could contribute to increased volatility in the stock price, as short sellers bet against the company's future performance. The financial health of Jiuzi Holdings, as indicated by its substantial revenues and gross profit figures, remains a critical factor influencing stock performance. These financial metrics are essential for investors to assess the company's profitability and growth potential.

Despite these positive indicators, the stock price experienced a sharp decline of 29% to $5.24. This decline could be attributed to broader market conditions or specific news related to the company. Investors are closely monitoring these developments to gauge the company's future prospects and make informed decisions.