Why Aqua Metals Stock Popped 17% in 2 Days

Shares of lead acid battery recycler Aqua Metals (NASDAQ: AQMS) popped nearly 15% in early trading on the Nasdaq Monday before subsiding to about a 5.3% gain by 1:30 p.m. Even with this smaller gain, however, Aqua Metals stock is up more than 17% over its past two trading days. In the middle of the trading day Friday, you see, Aqua Metals announced that it has received notification from Nasdaq regulation staff that it is once again in full compliance with Nasdaq's rules for keeping its listing on the stock exchange. For some time, this had been in doubt because Aqua Metals stock had traded below $1 in share price for the better part of 2020 -- even before the coronavirus pandemic threw the economy into a recession.