Ryvyl shares are trading lower after the company announced that it received a letter from the Nasdaq that said it is not in compliance with the Market Value of Listed Securities Standard.
Portfolio Pulse from Benzinga Newsdesk
Ryvyl has received a non-compliance letter from Nasdaq due to not meeting the Market Value of Listed Securities Standard. This has led to a decrease in the company's share price.
October 23, 2023 | 4:19 pm
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Ryvyl's shares are trading lower after the company received a non-compliance letter from Nasdaq.
The non-compliance letter from Nasdaq indicates that Ryvyl is not meeting the Market Value of Listed Securities Standard. This negative news has led to a decrease in the company's share price, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100