XIAO-I is trading at $2.94, down -5.16%, as selling continued after its one-for-seven reverse ADS split.

  • Effective September 8, 2026, the split changed the ADS ratio without changing underlying value.
  • Nasdaq listing-compliance concerns remain an overhang; the company reportedly needs to regain compliance by February 1, 2027.
  • Broader markets are higher, so the decline appears company-specific rather than driven by market weakness.