QIWI Plc, A Payment And Financial Services In Russia And The Cis, Announced That The Nasdaq Hearings Panel Granted The Request Of The Co To Continue Its Listing On The Nasdaq Stock Market, Subject To Certain Conditions
Portfolio Pulse from Happy Mohamed
QIWI Plc, a payment and financial services company in Russia and the CIS, has been granted a request by the Nasdaq Hearings Panel to continue its listing on the Nasdaq Stock Market, subject to certain conditions.
June 09, 2023 | 2:35 pm
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QIWI Plc's request to continue its listing on the Nasdaq Stock Market has been granted, subject to certain conditions.
QIWI's granted request to continue its listing on the Nasdaq Stock Market is a positive development for the company, as it ensures its continued presence on a major stock exchange. This could lead to increased investor confidence and potentially a short-term increase in stock price. However, the conditions attached to the approval may have an impact on the company's operations and should be monitored closely.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100