Reported 2 days ago
Brooge Energy Limited (NASDAQ:BROG) experienced a significant surge of 40.53% in its share price from June 5 to June 12, 2025, following a drastic decline the previous week. The company, operating as a midstream oil storage provider in the UAE, announced plans to voluntarily delist from NASDAQ by mid-June, citing lack of an active trading market and high regulatory costs as reasons for this decision. Despite the rebound, analysts suggest there may be better value in certain AI stocks.
Source: YAHOO