Genius Group Limited shares are trading lower after the company announced it received a Warning Letter from NYSE regarding the manner of disclosures from March 2023 events via Twitter.
Portfolio Pulse from Benzinga Newsdesk
Genius Group Limited has received a Warning Letter from NYSE concerning the manner of its disclosures from March 2023 events via Twitter, causing its shares to trade lower.
August 04, 2023 | 12:01 pm
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Genius Group Limited's stock is trading lower after the company received a Warning Letter from NYSE regarding its March 2023 event disclosures via Twitter.
The Warning Letter from NYSE is a significant regulatory event that directly impacts Genius Group Limited. The company's manner of disclosures has been flagged, which could potentially lead to further regulatory scrutiny. This uncertainty is likely causing the stock to trade lower.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100