Smart for Life, Inc. Price & Performance (SMFL)

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Smart for Life, Inc. shares dropped over 33% on April 17, closing at $0.0002. The stock has lost more than 92% in two weeks, with technical indicators suggesting continued weakness. Low trading volume and a lack of support levels signal high risk, and analysts have downgraded the outlook to 'Strong Sell.'23

Despite being delisted from Nasdaq due to audit delays, Smart for Life, Inc. is pushing ahead with restructuring and acquisition plans. The company eliminated $15 million in debt, improved net equity, and is targeting $100 million in revenue through organic growth and new deals, while seeking to regain its Nasdaq listing.4