Infinera Received Nasdaq Delinquency Notification
Portfolio Pulse from Benzinga Newsdesk
Infinera has received a delinquency notification from Nasdaq, indicating that the company is not in compliance with Nasdaq's listing requirements.
May 21, 2024 | 8:09 pm
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NEGATIVE IMPACT
Infinera has received a delinquency notification from Nasdaq, indicating non-compliance with listing requirements. This could lead to increased volatility and potential downward pressure on the stock price.
Receiving a delinquency notification from Nasdaq is a serious issue as it indicates that the company is not meeting the exchange's listing requirements. This can lead to increased scrutiny from investors and potential selling pressure, negatively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100