Latch Regains Compliance With Nasdaq Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
Latch has regained compliance with Nasdaq's minimum bid price requirement, as its stock price has met the required threshold.

June 15, 2023 | 9:10 pm
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POSITIVE IMPACT
Latch's stock price has met Nasdaq's minimum bid price requirement, regaining compliance and avoiding potential delisting.
Latch regaining compliance with Nasdaq's minimum bid price requirement is a positive development for the company. It reduces the risk of delisting, which could have negatively impacted the stock price and investor confidence. This news is likely to have a positive short-term impact on Latch's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100