I noticed that on TAIT today, also. Very strange.
On the Nasdaq today, there were 163 new 52-week highs and a whopping 411 new 52-week lows. I noticed a lot of low-priced stuff among the new lows. There is a whole lot of over-priced junk out there, so it's not exactly a mind-boggling event. Unfortunately some good stuff is being swept away with the rest of it.
I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.