Paranovus shares rise 18.80% intraday after securing Nasdaq compliance and pivoting to e-commerce.

Paranovus Entertainment Technology Ltd. surged 18.80% intraday after confirming compliance with Nasdaq’s minimum bid price requirement, averting a potential delisting hearing and reinforcing its continued listing on the Nasdaq Capital Market. The Jan. 9, 2026, announcement clarified the company’s regulatory resolution, coupled with strategic shifts toward e-commerce and TikTok-related solutions, which have repositioned the firm away from its traditional automobile sales. These developments, highlighted in the news summary, directly align with the stock’s upward trajectory, reflecting renewed investor confidence in the company’s pivot to modern trading platforms and emerging market opportunities. Unrelated news about other companies and broader market trends in the second reason did not impact PAVS’s movement.