What is driving the big volume in DMN stock today?

The surge to **2,232,288,000** shares is driven by retail order flow and high relative volume versus the 50‑day average. At **$0.0017 USD**, micro‑price trading and block trades can create outsized volume without institutional revaluation.

How should I interpret financial ratios for DMN stock?

Ratios are distorted by the tiny share price and low market cap. Use cash flow per share (**0.04 USD**) and operating metrics rather than raw P/E when evaluating DMN stock because headline multiples can be misleading.

What is Meyka AI’s view on DMN stock performance?

Meyka AI gives DMN a **61.02** score (Grade B, HOLD). The score blends benchmark, sector, growth, and consensus data. It flags heavy trading but notes weak fundamentals and liquidity risk for DMN stock.

Does Meyka AI offer a price forecast for DMN stock?

Yes. Meyka AI's model projects **$4.31 USD** in seven years, which implies a very large percentage gain from **$0.0017 USD**. Forecasts are model projections and not guarantees; treat them as scenario inputs only.

US Stocks

2.23B shares, DMN Damon Inc. (NASDAQ) Pre-Market 02 Feb 2026: $0.0017, watch liquidity

ByDanny Kontos February 2, 2026February 2, 2026

DMN stock is trading at $0.0017 in pre-market on 02 Feb 2026 after 2,232,288,000 shares traded, making Damon Inc. one of the most active tickers on NASDAQ in the United States. This volume is roughly 11.34x the average daily flow and explains the extreme liquidity despite a market cap of $4,165,816.00 USD. Investors should note EPS of 0.74 USD and a very low reported P/E ratio that reflects the micro-price and accounting quirks rather than typical valuation signals.