Why is $RAIN stock down today?

Rain Enhancement Technologies Holdco, Inc. Class A Common Stock · Misc Industrial & Commercial Machinery & Equipment

Why is $RAIN down today?

The likely driver

Extension by Nasdaq Hearings Panel to Evidence Compliance with Listing Criteria

Rain Enhancement Technologies Holdco, Inc.: Extension by Nasdaq Hearings Panel to Evidence Compliance with Listing Criteria

SEC filing · Oct 28

The numbers behind the move

Short interest

1.5% of float

Days to cover

2.2d

Float

10.7M · Low

Float rotation

0.0x

Dilution

Heavy

Insider buying

1 open-market

RAIN: a low 10.7M-share float, active share dilution on file, 1 open-market insider buy.

Price

$0.50

Move today

-1.4%

Volume vs avg

0.0x

Scanner alerts today

Flagged in 30 days

Market cap

$6M

Prev close

$0.51

Avg volume

1.3M

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Move and volume are based on the latest market data and refresh live on this page. Scanner alerts are our own real-time unusual-volume signals. This is research, not investment advice.