--- title: "Why Is Tian Ruixiang Stock Falling Friday?" type: "News" locale: "en" url: "https://longbridge.com/en/news/274338939.md" description: "Tian Ruixiang Holdings Ltd. (NASDAQ: TIRX) stock fell 23% on Friday following an $80 million investment announcement, retreating from a previous surge. The decline reflects investor concerns over the non-binding nature of the deal with SwiftStart Inc. and the lack of immediate capital. TIRX is also facing a Nasdaq delisting determination due to not maintaining the $1 minimum bid price. Currently, TIRX trades at $0.09, significantly below its moving averages and near its 52-week low, with mixed momentum indicators." datetime: "2026-01-30T16:44:51.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274338939.md) - [en](https://longbridge.com/en/news/274338939.md) - [zh-HK](https://longbridge.com/zh-HK/news/274338939.md) --- # Why Is Tian Ruixiang Stock Falling Friday? **Tian Ruixiang Holdings Ltd.** (NASDAQ:TIRX) stock is pulling back Friday after a sharp, headline-driven surge earlier in the week, sparked by news of an $80 million strategic MOU with **SwiftStart Inc**. The stock more than doubled on Wednesday as traders rushed into the announcement, but Friday’s decline suggests momentum is cooling as investors reassess the deal’s non-binding nature and the absence of an immediate capital injection. The pullback comes amid mixed broader market conditions, with the S&P 500 down 0.27% and the Nasdaq slipping 0.59%, and as TIRX faces a Nasdaq delisting determination tied to its failure to maintain the $1 minimum bid price. Under the MOU, SwiftStart has proposed an $80 million equity investment at $1.50 per share and outlined potential collaboration across digital transformation, risk management systems, and other strategic initiatives, with both companies pointing to TIRX’s positioning and growth potential. ## TIRX’s Significant Price Weakness Currently, TIRX is trading 80.7% below its 20-day simple moving average (SMA) and 91.9% below its 100-day SMA, indicating significant weakness in the stock’s price action. Over the past 12 months, shares have decreased by 98.94% and are positioned closer to their 52-week lows than highs. The RSI is at 41.58, which is considered neutral territory, while the MACD is above its signal line, indicating a potential bullish signal. The combination of neutral RSI and bullish MACD suggests mixed momentum for the stock. - **Key Resistance**: $0.50 - **Key Support**: $0.09 **TIRX Price Action:** Tian Ruixiang Holdings shares were down 23.64% at $0.09 at the time of publication on Friday. The stock is trading at a new 52-week low, according to Benzinga Pro data. _Photo by santima.studio via Shutterstock_ ### Related Stocks - [TIRX.US](https://longbridge.com/en/quote/TIRX.US.md) - [TIRXF.US](https://longbridge.com/en/quote/TIRXF.US.md) ## Related News & Research - [Tian Ruixiang Raises $5.2 Million in Registered Direct Offering With Pre-Funded Warrants](https://longbridge.com/en/news/274566621.md) - [McKesson Earnings Preview: What to Expect](https://longbridge.com/en/news/283493945.md) - [Nike stumbled with the people it counts on most: runners](https://longbridge.com/en/news/283395705.md) - [ZAWYA: KIB launches instant digital credit card issuance via its Mobile app](https://longbridge.com/en/news/283464222.md) - [The SpaceX IPO is a trillion-dollar gamble on the future of space](https://longbridge.com/en/news/283503111.md)