Direct Digital Holdings Inc (DRCT) News

DRCT: SOARING!!!! (Geeeeeeeee-Zeus!!!!)

DRTC: Will toss-it in my Yahoo Watch list. (THANKS! Need all the help I can get!!)

DRCT next would be $2.22 but cautious ran some already 

There ain't no volume there ain't no halt in trade Going down to the Ground 

Missed my buy in. Waiting to see how it goes. Watching every move.

come now ( today ) red to green ?

Yes, you were right. It dipped hard to $2.70 and now it's going up again above $3.

super Low FLOAT

tuesday $DRCT broke through $7, will there be new highs today? $8 or $10

we'll see, definitely keep an eye on it. There is a lot of money flowing in and out of there
imho

Hope it dips hard!

DRCT....................https://stockcharts.com/h-sc/ui?s=DRCT&p=W&b=5&g=0&id=p86431144783

So started at $8 back to $5 now

moving higher and higher 😂

$DRCT runs from $0.80 to .....? ) NUKK ran from $0.80 to $77 in 3 days )

volume increase

could now run really well over 10 dollars. already in the pre
we we'll see
imho

nice dip yesterday before the stock market close in a/h

I wouldn't be surprised if 🔥🔥🔥🔥 $DRCT 🔥🔥🔥continues to be a huge runner for the rest of this week and continues to rise day by day, 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
🔥🔥🔥
imho

maybe today over $10 and further towards $20 🔥🔥🔥 ?
we we'll see

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Z

Puking blood on this play! Ugh! Beautiful!

We want $10.

Why is this one moving?

DRCT...................https://stockcharts.com/h-sc/ui?s=DRCT&p=W&b=5&g=0&id=p86431144783

DRCT: Hey, Bro, I first spotted this freak show via my (free) LINK below, which is pretty damn good!! (I saw it pop there at circa 320% UP, about 30-minutes ago. But someone on ORIONS board noted it over 1-hour ago.)
https://www.tradingview.com/markets/stocks-usa/market-movers-gainers/
///////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

I'M IN

DRCT: Just take that MONEY!!!!

Computer generated wash trading, brazen illegal manipulation of the stock price. The OS here is less than 4M shares, already turned over more that 10 times. Don't get trapped. 

DRCT: I am OUT!!!! (Nice bonkers flip!!!)

What a ripper! Saw it at 1.99. Darn it.

DRCT........................................https://stockcharts.com/h-sc/ui?s=DRCT&p=W&b=5&g=0&id=p86431144783

Direct Digital Holdings Reports Filings for Full-Year 2023, Q1 2024 and Q2 2024
HOUSTON, Oct. 15, 2024 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Orange142, LLC ("Orange 142") and Huddled Masses LLC ("Huddled Masses"), today announced the Company has filed its Form 10-K for the full-year ended December 31, 2023 (the "2023 Annual Report"), as well as its Form 10-Q for the first quarter ended March 31, 2024 (the "March 2024 Quarterly Report") and its Form 10-Q for the second quarter ended June 30, 2024 (the "June 2024 Quarterly Report").

Upon the filing of the 2023 Annual Report, the March 2024 Quarterly Report and the June 2024 Quarterly Report with the SEC, Direct Digital Holdings believes it has evidenced compliance with Nasdaq Listing Rule 5250(c)(1). However, the Company is awaiting a formal compliance determination from the Nasdaq Stock Market staff. The Company will provide an update upon receipt of such determination.

Mark D. Walker, CEO and Co-Founder of Direct Digital Holdings, commented, "We are pleased to complete these filings, which we believe will allow us to regain compliance with Nasdaq and put us on the path back to our regular reporting cadence. At Direct Digital Holdings, we remain excited to return to the normal execution of our industry-leading business model and company mission."

Keith Smith, President and Co-Founder of Direct Digital Holdings, commented, "Since we last reported earnings, Direct Digital Holdings has encountered challenges due to two factors: first, the unexpected resignation of our previous auditor; and second, a series of coordinated and malicious misinformation attacks against the company, including the publication of false and defamatory articles and blog posts by a third party, which, we believe, have been comprehensively refuted. The proximity of these two events was then used to create a disparaging narrative which disrupted our business and existing capital-raising efforts, as well as creating additional audit, legal and other expenses. We have been fully engaged in addressing the issues, and I am proud of our team's resilience during this time."

The Company has taken several actions to address these challenges including (i) the execution on July 1, 2024 of a plan to reduce expenses through a staff reduction, a pause on hiring and cost savings measures, (ii) working with lenders to provide temporary relief from debt covenants while rebuilding sell-side volumes via debt amendments executed on October 15, 2024, (iii) engaging BDO, USA, P.C. as the Company's independent registered public accounting firm for the audit of the Company's consolidated financial statements for the fiscal year ended December 31, 2023 and (iv) filing its 2023 Annual Report, March 2024 Quarterly Report and June 2024 Quarterly Report.

Going forward, Direct Digital Holdings expects to (i) receive notification from Nasdaq that by filing the Annual and Quarterly Reports, the Company has regained compliance with respect to the delinquent SEC filings, which will allow the Company to access the capital markets as well as other financing sources, (ii) raise capital through arrangements with various providers, and (iii) continue to work with the Company's partners to rebuild sell-side volumes.

Financial Outlook Update

Due to the aforementioned challenges, Direct Digital Holdings is un

It seems like they have financial fraud!!

Expecting some news here soon

Shares are up 140% this week as short covering continues!

Whoops, I did it, again

SHORT SQUEEZE!

Direct Digital Holdings Appoints BDO as New Auditor
HOUSTON, June 10, 2024 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange 142 ("Orange 142"), today announced the appointment of BDO USA, P.C. ("BDO") as the Company's new independent registered public accounting firm, effective June 10, 2024.

BDO, one of the world's top five accounting firms, delivers assurance, tax, and advisory services to clients throughout the U.S. and around the globe. The firm is home to over 12,000 professionals spread across 75 U.S. offices. BDO succeeds Marcum LLP, which previously was the independent registered accounting firm providing audit services to the Company.

"We are pleased to engage BDO as our new independent auditor," said Diana Diaz, Chief Financial Officer of Direct Digital Holdings. "The firm has deep experience in the advertising technology sector, working with many of our peers across the industry. Their leading expertise and fresh perspective will be valuable assets as we continue executing our growth strategy and striving for excellence in financial reporting and corporate governance. Now with our new auditor, we look forward to returning to a normal cadence of quarterly and annual filings as soon as possible."

About Direct Digital Holdings

Direct Digital Holdings (Nasdaq: DRCT), owner of operating companies Colossus SSP, Huddled Masses, and Orange 142, brings state-of-the-art sell- and buy-side advertising platforms together under one umbrella company. Direct Digital Holdings' sell-side platform, Colossus SSP, offers advertisers of all sizes extensive reach within general market and multicultural media properties. The Company's subsidiaries Huddled Masses and Orange142 deliver significant ROI for middle market advertisers by providing data-optimized programmatic solutions at scale for businesses in sectors that range from energy to healthcare to travel to financial services. Direct Digital Holdings' sell- and buy-side solutions manage on average over 115,000 clients monthly, generating over 326 billion impressions per month across display, CTV, in-app and other media channels.

Cautionary Note Regarding Forward-Looking Statements

No 10K and now class action suits.

LOSER

30 minutes now before earnings come out!

TUESDAY > MARCH 26 > EARNINGS CALL > 5:00 PM ET

HOUSTON, March 20, 2024 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital Holdings" or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP"), Huddled Masses LLC ("Huddled Masses") and Orange142, LLC ("Orange142"), today announced that the earnings call originally scheduled for March 21, 2024 at 5:00 PM ET will be postponed to March 26, 2024 at 5:00 PM ET to provide additional time to complete the audit of its financial statements.

DRCT 10Q due 3/21
FYI: per SEC mandate next day settlement begins May 28

The conference call will be at 5pmEST on Thursday. I won't be able to be on the call but will surely look at the transcript! Hope you're having a nice weekend!

This coming Thursday , let's see $40.00+

$34.74 new 52-week high

Every now and then the old fart gets one right

$33.72 She is tearing up asks!!! :)

Should see $30.00 + this week ( Benchmark raises target price to $30 from $15).