Why did GLGLF stock drop so sharply today?

GLGLF stock fell primarily due to extremely thin trading and a large order that widened the bid-ask gap. Low average volume (**143.00**) and limited analyst coverage amplified the move, creating a dramatic price dip to **$0.00001**.

What is Meyka AI's view on GLGLF stock?

Meyka AI rates GLGLF **73.96 (B+)** with a BUY suggestion. The model projects a monthly price of **$0.01**, but states forecasts are model-based projections and not guarantees.

Is GLGLF stock a buy after the collapse?

Buying GLGLF stock after the collapse is high risk. The model-based upside exists, but low liquidity, negative book value, and execution risk mean investors should size positions carefully and expect high volatility.

What short-term trading risks affect GLGLF stock?

Short-term risks include extreme bid-ask spreads, low daily volume, potential for further rapid moves, and possible exchange delisting conditions. Technical indicators show oversold conditions but offer limited execution safety.

US Stocks

GLGLF (GLG Life Tech) PNK: Price falls to $0.00001 on 24 Feb 2026, liquidity warning

ByHuzaifa Zahoor February 24, 2026

GLGLF stock collapsed intraday to $0.00001 on 24 Feb 2026, marking a -99.9967% one-day move from the prior close of $0.30. The drop left traded volume at 1,000.00 shares and market cap around $384.00 (USD) on the PNK exchange. We open with the price move because it defines today’s top losers list and raises immediate liquidity and listing concerns for GLG Life Tech Corporation (GLGLF).