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.
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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.
Sources
Mentioned: IQ