24/7 Market News Snapshot 26 August, 2025 – NovaBay Pharmaceuticals, Inc. (NYSE:NBY)

August 26, 2025

DENVER, Colo., 26 August, 2025 (www.247marketnews.com) – (NYSE:NBY) are discussed in this article.
NovaBay Pharmaceuticals, Inc. (NYSE American: NBY) is currently experiencing a significant surge in its stock price, opening at $0.91 and soaring by approximately 38.67% to trade at $1.257. This notable increase is supported by a robust trading volume of 6.73 million shares, indicating enhanced investor confidence and strong market momentum. As the stock breaks through key resistance levels, it has garnered considerable interest within the biopharmaceutical sector, presenting an attractive investment opportunity for those looking to capitalize on innovative healthcare solutions.

In addition to the stock’s impressive performance, NovaBay has announced a special cash dividend of $0.80 per share of common stock, affirming its commitment to delivering value to shareholders. The dividend will be payable on September 29, 2025, to those on record as of September 15, 2025. CEO David Lazar highlighted the significance of this initiative, stating, “This special dividend reflects our ongoing dedication to creating and returning value to our shareholders. We are excited about the Company’s future as we continue to explore several strategic alternatives.”

Due to the substantial nature of the special cash dividend—exceeding 25% of the current stock price—trading will involve “due bills,” necessitating buyers to be aware that rights to the dividend will be assigned to new owners for trades executed between the record and payment dates. Investors should consult with their brokers to understand the implications of this process.

In light of these developments, NovaBay remains focused on pursuing innovative opportunities while prioritizing exceptional shareholder value. The company encourages stakeholders to consider the risks associated with forward-looking statements as detailed in its SEC filings.

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