Connexa Sports Technologies Inc. (YYAI) tumbled 46.84 percent to $2.03, down $1.78 on Friday, after announcing a $500 million definitive agreement with Singapore-based JuCoin Capital to launch aiRWA, a next-generation digital asset platform focused on real-world asset tokenization. Despite the ambitious partnership, the news triggered a sharp selloff in shares.
The stock opened at $2.93 and swung widely between $1.06 and $3.01, compared with a prior close of $3.82 on the Nasdaq. Trading volume spiked to 22.3 million shares, far surpassing its average of 928,501.
Connexa shares are trading well below the midpoint of their 52-week range of $0.35 to $10.30.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.