Akanda is trading at $5.50 (up 6.6%) in after-hours trading, extending its recovery following a sharp selloff on July 31 triggered by a Nasdaq listing deficiency notice.
- The move follows a 4.3% drop during the regular session to $5.16, as the stock continues to experience high volatility.
- Investors are reassessing the impact of the listing disclosure and bargain-hunting after the recent price dip.
- The rebound follows earlier pre-market strength on August 4, indicating a shift in sentiment after the initial negative reaction to the regulatory notice.