Nikola Corp Received Written Notice From Nasdaq That It Is Not In Compliance With Minimum Bid Price Requirements
Portfolio Pulse from Happy Mohamed
Nikola Corp has received a written notice from Nasdaq stating that it is not in compliance with the minimum bid price requirements.
May 25, 2023 | 1:25 pm
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NEGATIVE IMPACT
Nikola Corp's stock may face short-term pressure due to non-compliance with Nasdaq's minimum bid price requirements.
Nikola Corp has received a written notice from Nasdaq for not being in compliance with the minimum bid price requirements. This news may negatively impact the stock price in the short term as it raises concerns about the company's ability to maintain its listing on the exchange.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100