What's Going On With VIQ Solutions Stock?
Portfolio Pulse from Erica Kollmann
VIQ Solutions Inc. (NASDAQ:VQS) shares are trading higher, despite the company's recent announcement of its stock delisting from the Nasdaq due to failure to meet the $1.00 minimum bid price listing requirement. The company also announced the resignation of its director. The stock remains more than 20% down over the last month.
October 03, 2023 | 2:33 pm
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POSITIVE IMPACT
VIQ Solutions' stock is trading higher despite the company's announcement of its delisting from Nasdaq and director resignation.
The stock is trading higher despite the negative news of delisting and director resignation, indicating that investors may be reacting to other factors. However, the delisting and director resignation are significant events that could negatively impact the company's reputation and investor confidence in the long term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100