US stocks erupt | So-Young International (SY.US) hits a 52-week high with a cumulative increase of over 591% since the beginning of the year

According to the Wisdom Financial APP, on Friday, the stock price of New Oxygen (SY.US) rose, reaching a 52-week high of $5.77. As of the time of writing, the stock has risen over 11%, closing at $5.57. Just one month ago, the company's stock price was only $0.96 per share, with a market value of less than $100 million. In just 30 days, the stock price has risen over 440%, with the market value increasing by over $4 billion. Since the beginning of the year, the stock has risen over 591%. The rise in stock price has helped New Oxygen avoid delisting risks. According to Nasdaq regulations, if a company's stock price is below $1 per share for 30 consecutive trading days, they will be required to make corrections. In August 2024, New Oxygen was required to make corrections for this reason, with a deadline of August 25, 2025. Since mid-June, the stock price has rebounded, allowing it to meet regulatory requirements.