10 Micro-, Small-Cap Firms Dominate Thursday’s Gains

3. SAG Holdings Ltd. (NASDAQ:SAG)

SAG Holdings grew its share prices by 73.33 percent to finish at $1.17 apiece, as investors snapped up shares in the company, successfully pushing its stock price back above the $1 minimum bid price requirement to remain listed on the Nasdaq stock exchange.

While it has yet to receive any formal notification from Nasdaq, the company’s stock price noticeably has been trading below the $1 minimum bid price requirement for 13 consecutive days since March 3, the first trading day of the month.

Companies under the Nasdaq are required to maintain their minimum bid price above the $1 price for 30 consecutive days, otherwise, they could face a potential delisting.

SAG Holdings, through its subsidiaries, distributes and sells automotive and industrial spare parts globally.

At present, it operates in the Asia Pacific, the Middle East, Europe, Africa, and the Americas.