iQIYI Falls to $0.92, Sinking Deep Into Sub-$1 Territory

iQIYI's shares hit $0.92 on August 27, a fresh 52-week low that pushes the stock firmly below the $1 threshold.

The prior 52-week low, set on June 25, 2026, has now been undercut, and each attempted recovery has failed to hold.

For a stock already in penny-stock territory, the sub-$1 price carries practical consequences. Many institutional investors operate under mandates that restrict or prohibit holding shares priced below $1, which compresses the natural buyer pool and makes durable recoveries harder to achieve.

With no floor yet established and the prior low already broken, investors in iQIYI are watching whether $0.92 holds or whether the stock continues to search for support at even lower levels.