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Ohmyhome Surges 1828.52% in Trading Volume to Rank 369th in Daily Market
Generated by AI AgentAinvest Market Brief
Tuesday, Apr 29, 2025 7:40 pm ET1min read
On April 29, 2025, Ohmyhome's trading volume reached 23.3 million, marking an 1828.52% increase from the previous day. This surge placed
at the 369th position in the daily stock market rankings. The stock price of Ohmyhome (OMH) rose by 49.26%.Ohmyhome Ltd has reported an impressive 118% revenue growth for the fiscal year, reflecting strong financial performance and market expansion. This significant increase in revenue underscores the company's robust business model and effective strategic initiatives.
Ohmyhome Ltd has announced a 1-for-10 reverse stock split, effective from March 10, 2025. This move aims to meet Nasdaq's minimum bid price requirement of $1.00 per share, which will reduce the number of outstanding shares to approximately 2.4 million. The reverse stock split will also necessitate amendments to the company's warrants and options, ensuring compliance with regulatory standards.
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