Wearable Devices Announces Receipt Of Nasdaq Minimum Bid Price Notification
Portfolio Pulse from Benzinga Newsdesk
Wearable Devices has received a Nasdaq minimum bid price notification, which could potentially lead to its delisting if the issue is not resolved.
October 24, 2023 | 8:43 pm
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Wearable Devices (WLDS) has received a Nasdaq minimum bid price notification, indicating that its stock price is below the minimum required for listing. This could lead to delisting if not addressed.
Receiving a Nasdaq minimum bid price notification means that the company's stock price is below the minimum required for listing. If the company cannot raise its stock price above the minimum within a certain period, it risks being delisted. This news is likely to negatively impact investor sentiment and could lead to a further decrease in the stock price in the short term.
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IMPORTANCE 80
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