Molekule Group- On October 4 Received Delisting Notice From Nasdaq Notifying Co's Common Stock Will Be Delisted From Nasdaq On October 13
Portfolio Pulse from Charles Gross
Molekule Group received a delisting notice from Nasdaq on October 4, notifying that the company's common stock will be delisted from Nasdaq on October 13.
October 05, 2023 | 10:06 am
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Molekule Group's common stock will be delisted from Nasdaq on October 13, which could negatively impact the stock's liquidity and price.
Delisting from a major exchange like Nasdaq typically results in decreased liquidity and potentially lower prices as it becomes more difficult for investors to buy and sell the stock. This is likely to negatively impact Molekule Group's stock in the short term.
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