On June 15, Cyanotech Corp Received Letter From Nasdaq Notifying Co It Has Regained Compliance With Listing Rule 5550(A)(2)
Portfolio Pulse from Benzinga Newsdesk
Cyanotech Corp has received a letter from Nasdaq on June 15, notifying the company that it has regained compliance with Listing Rule 5550(A)(2).
June 16, 2023 | 7:50 pm
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POSITIVE IMPACT
Cyanotech Corp's stock may experience a positive short-term impact after regaining compliance with Nasdaq Listing Rule 5550(A)(2).
Regaining compliance with Nasdaq Listing Rule 5550(A)(2) is a positive development for Cyanotech Corp, as it ensures the company's continued listing on the exchange. This news may boost investor confidence and have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100