iQIYI Climbs 13% and Reclaims the Critical $1 Level
As seen on the 24/7 Wall St. homepage on September 8, 2026.
A 13% intraday jump puts iQIYI back at the $1 mark, the line Nasdaq listings have to hold to stay compliant. On a $536 million market cap, moves this size come fast in both directions.
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iQIYI closed up just over 13%, back above the $1 mark that Nasdaq requires listed stocks to hold as a minimum bid price. Slipping below it for an extended period triggers a compliance review that ends in delisting.
At a market cap of $536 million, a 13% single-day move sits well within normal volatility, and the same thin float can send the stock back below the compliance line just as quickly.
Buyers were adding throughout the session rather than in a single burst of momentum, with the most aggressive leg late in trading.
The key level to follow from here is $1. Holding above it removes the compliance overhang, while a retreat puts that pressure squarely back on the stock.
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Mentioned: IQ