On August 7, 2023, Yellow Corp Was Notified By The Listing Qualifications Staff Of The Nasdaq Stock Market LLC, Trading Of The Common Stock Will Be Suspended By Nasdaq At The Opening Of Business On August 16, 2023
Portfolio Pulse from Benzinga Newsdesk
Yellow Corp has been notified by the Nasdaq Stock Market LLC that trading of its common stock will be suspended at the opening of business on August 16, 2023.
August 09, 2023 | 1:22 pm
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Trading of Yellow Corp's common stock will be suspended by Nasdaq on August 16, 2023, which could negatively impact the stock's liquidity and price.
The suspension of trading for a stock typically leads to a decrease in liquidity, making it harder for investors to buy or sell shares. This can lead to a decrease in the stock's price as demand for the stock may decrease. Therefore, this news is expected to have a negative impact on Yellow Corp's stock price.
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