What Made CCH Holdings (CCHH) Shares Jump 59% After Hours
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CCH Holdings Ltd. (CCHH) shares surged 58.83% to $1.89 in after-hours trading after closing at $1.19, down 11.85% during regular hours. The company received a notification from Nasdaq regarding its stock falling below the $1 minimum bid price for 30 consecutive days but has 180 days to regain compliance. CCH Holdings plans to acquire three restaurant groups in Malaysia and expand with a new restaurant in NYC and an instant noodle factory in Africa by 2026. The stock has faced a challenging year, falling 73.20% overall.
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