Staffing 360 Solutions Receives Nasdaq Notification Of Potential Delisting For Non-Compliance With Listing Rule 5250(c)(1)
Portfolio Pulse from Benzinga Newsdesk
Staffing 360 Solutions has received a notification from Nasdaq about a potential delisting due to non-compliance with Listing Rule 5250(c)(1).
October 24, 2023 | 8:29 pm
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NEGATIVE IMPACT
Staffing 360 Solutions is at risk of being delisted from Nasdaq due to non-compliance with a listing rule.
Being delisted from a major exchange like Nasdaq is a significant negative event for a company. It reduces the liquidity of the stock, making it harder for investors to buy or sell shares. This news is likely to negatively impact the stock price in the short term.
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