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Inno Holdings stock halted after a 3,600% surge amid scrutiny over its business and recent deal.

Market News
09 Jun 2026
Erica Kollmann
View Source
Bearish
pluang ai news

Inno Holdings (INHD) stock was halted by Nasdaq after soaring over 3,600% in one session, rising from about $1.01 to above $66. The surge followed a $3 million contract with a Hong Kong AI firm, which is small compared to typical mid-cap expenses. The halt is a T12 code, meaning Nasdaq is seeking more information before trading can resume. The company has a troubled background, including two reverse stock splits, a $60 million equity offering, minimal revenue, and questionable business operations involving recycled iPhones and a misleading website. Investors currently cannot trade INHD shares until the halt is lifted, and no resumption date has been announced.

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