DIRTT To Voluntarily Delist From Nasdaq Exchange; Public Trading On Toronto Stock Exchange Will Continue
Portfolio Pulse from Benzinga Newsdesk
DIRTT Environmental Solutions Ltd. has announced its decision to voluntarily delist from the Nasdaq Exchange. However, public trading of the company's shares will continue on the Toronto Stock Exchange.
September 06, 2023 | 9:17 pm
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DIRTT's decision to delist from Nasdaq could potentially impact the liquidity and visibility of its shares, which may affect the stock's price in the short term.
Delisting from a major exchange like Nasdaq can reduce a stock's visibility and liquidity, which can lead to a decrease in demand and potentially a drop in the stock's price. However, as DIRTT will continue to trade on the Toronto Stock Exchange, the impact might be mitigated.
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IMPORTANCE 80
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