D-Wave Regains Compliance With NYSE Trading Share Price Listing Rule
Portfolio Pulse from Happy Mohamed
D-Wave Quantum Inc. (NYSE:QBTS), a commercial quantum computing systems, software and services provider, has regained compliance with the New York Stock Exchange's (NYSE) minimum share price listing standard. The company received a notification of recompliance from the NYSE based on its share price being at least $1.00 on June 30, 2023, and its average closing price for the 30 trading days ended June 30, 2023, being above the NYSE's $1.00 minimum requirement.
July 05, 2023 | 1:03 pm
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D-Wave Quantum Inc.'s share price has regained compliance with the NYSE's minimum listing standard, which could potentially boost investor confidence in the company.
Regaining compliance with the NYSE's minimum share price listing standard is a positive development for D-Wave Quantum Inc. It indicates that the company's share price has improved, which could potentially boost investor confidence in the company and its financial stability. This could lead to increased demand for the company's shares, potentially driving up its share price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100