Selina Hospitality shares are trading lower after the company announced that it received a delisting notice from the Nasdaq and plans to request a hearing.
Portfolio Pulse from Benzinga Newsdesk
Selina Hospitality's shares are trading lower following the announcement of a delisting notice from Nasdaq. The company intends to request a hearing.

April 22, 2024 | 2:47 pm
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Selina Hospitality's stock is trading lower due to the announcement of a delisting notice from Nasdaq, indicating potential instability or non-compliance with Nasdaq's listing requirements.
Receiving a delisting notice from Nasdaq typically indicates issues with maintaining the standards required for listing, which can lead to investor concern about the company's stability or compliance. The announcement of such a notice and the company's decision to request a hearing could lead to short-term negative sentiment among investors, impacting the stock price negatively.
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IMPORTANCE 90
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