Steakholder Foods Reveals Receipt Of Nasdaq Minimum Bid Price Notification
Portfolio Pulse from Benzinga Newsdesk
Steakholder Foods has received a Nasdaq minimum bid price notification, indicating that the company's stock price has fallen below the minimum required for continued listing on the exchange.

October 31, 2023 | 9:25 pm
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Steakholder Foods has received a Nasdaq minimum bid price notification, which could lead to its delisting if the situation doesn't improve.
The receipt of a Nasdaq minimum bid price notification indicates that Steakholder Foods' stock price has fallen below the minimum required for continued listing. This could lead to the company's delisting if it doesn't manage to raise its stock price within the stipulated timeframe. Delisting often results in a decrease in a company's stock price as it can lead to reduced liquidity and investor confidence.
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