Cazoo Receives NYSE Non-Compliance Notice
Portfolio Pulse from Benzinga Newsdesk
Cazoo Group Ltd (NYSE: CZOO) has received a non-compliance notice from the New York Stock Exchange (NYSE) due to its stock price falling below the required minimum. The company has six months to regain compliance by meeting the minimum share price requirement.
May 21, 2024 | 1:12 pm
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Cazoo Group Ltd has received a non-compliance notice from the NYSE due to its stock price falling below the required minimum. The company has six months to regain compliance.
The non-compliance notice indicates that Cazoo's stock price has fallen below the NYSE's minimum requirement, which could lead to negative investor sentiment and potential selling pressure in the short term.
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