10 Small Firms Kick Off Monday with Strong Gains

5. TEN Holdings, Inc. Common Stock (NASDAQ:XHLD)

TEN Holdings saw its share prices jump by 87 percent at intra-day trading on Monday before ending the day just up by 53.57 percent at $2.15 each, following the company’s share repurchase program.

XHLD embarked on a $1-million buyback program last week as part of its initiatives to boost share prices and shareholder value.

The buyback will be executed under a Rule 10b-18 plan, funded through cash from operations, and will be governed by market conditions and legal requirements.

XHLD said the program can be discontinued at any time, with no obligation to repurchase any specific amount of shares.

Based on its historical price, the company has been struggling to crawl back above the $1 level, the minimum bid price requirement to remain listed on the Nasdaq stock exchange, having traded below the said level for 11 consecutive days from March 4 to 18, 2025.

The Nasdaq notifies companies that trade below the minimum bid price requirement for 30 consecutive days. Upon receipt of notification, firms are required to conduct corporate initiatives to boost share prices above the said price or face a potential delisting.