Why DatChat (DATS) Stock Is Skyrocketing

Benzinga·03/25/2025 15:43:57

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DatChat Inc (NASDAQ:DATS) shares are trading higher by 94.4% to $4.19 during Tuesday’s session after the company announced its Myseum social media platform is available on Apple iOS and Android.

What To Know: DatChat has launched its Myseum Social Media Platform on iOS and Android, allowing users to store and share digital photos, videos and documents securely. The company says the platform, introduced in early March 2025, leverages AI-driven technology to create private digital legacies for families and groups.

CEO Darin Myman emphasized Myseum's cross-platform accessibility, enhancing user engagement and expanding DatChat's market reach.

What Else: The company also announced its sponsorship of The Photo Managers Conference 2025, taking place April 22-26 in San Diego.

How To Buy DATS Stock

By now you're likely curious about how to participate in the market for DatChat – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, DATS has a 52-week high of $9.34 and a 52-week low of $1.01.

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