FLJ Gets NASDAQ Notification Regarding Minimum Bid Price Deficiency
Portfolio Pulse from Benzinga Newsdesk
FLJ has received a notification from NASDAQ regarding a minimum bid price deficiency. This means that the company's stock has not met the minimum bid price requirement set by NASDAQ for a certain period of time.
June 28, 2023 | 10:04 am
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FLJ has been notified by NASDAQ about a minimum bid price deficiency. This could potentially lead to the company's delisting if the issue is not resolved within the stipulated time frame.
The notification from NASDAQ is a serious issue for FLJ. If the company's stock does not meet the minimum bid price requirement within the stipulated time frame, it could potentially be delisted from the exchange. This would likely have a negative impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100