NYSE To Begin Delisting Proceedings Against Lightning eMotors
Portfolio Pulse from Benzinga Newsdesk
The New York Stock Exchange (NYSE) has announced that it will begin delisting proceedings against Lightning eMotors, a company listed under the ticker symbol ZEV.
September 18, 2023 | 8:24 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Lightning eMotors, listed as ZEV, is facing delisting proceedings from the NYSE. This could negatively impact the company's stock price in the short term.
Delisting from a major exchange like the NYSE can negatively impact a company's stock price as it reduces the liquidity of the stock and may undermine investor confidence. This is particularly relevant for ZEV as the news directly pertains to them.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100