Performance Shipping Inc. Regains Compliance With Nasdaq Minimum Bid Price Requirement
Portfolio Pulse from Happy Mohamed
Performance Shipping Inc. (NASDAQ:PSHG) has regained compliance with Nasdaq's minimum bid price requirements for continued listing on the Nasdaq Capital Market. The company's shares have been at $1.00 per share or greater for at least ten consecutive business days, from August 1, 2023 through August 14, 2023.
August 16, 2023 | 1:28 pm
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Performance Shipping Inc. has regained compliance with Nasdaq's minimum bid price requirements, which could positively impact investor confidence and the company's stock price.
Regaining compliance with Nasdaq's minimum bid price requirements is a positive development for Performance Shipping Inc. This could increase investor confidence in the company, potentially leading to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100