Adial Pharmaceuticals shares are trading higher after the company announced it regained compliance with a Nasdaq listing requirement.
Portfolio Pulse from Benzinga Newsdesk
Adial Pharmaceuticals' stock is trading higher following the announcement that the company has regained compliance with a Nasdaq listing requirement.

November 29, 2023 | 9:40 pm
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POSITIVE IMPACT
Adial Pharmaceuticals' shares are experiencing an uptick after the company announced it is now in compliance with Nasdaq's listing requirements.
Regaining compliance with Nasdaq listing requirements is a positive development for Adial Pharmaceuticals, as it removes the immediate risk of delisting, which can be a concern for investors and can affect the stock's liquidity and attractiveness. This news is likely to be viewed positively by the market in the short term, leading to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100