Surf Air Mobility Receives NYSE Continued Listing Standard Notice
Portfolio Pulse from Benzinga Newsdesk
Surf Air Mobility has received a continued listing standard notice from the NYSE, indicating that the company must meet certain requirements to remain listed on the exchange. The company continues to trade under the ticker symbol SRFM.
May 24, 2024 | 8:06 pm
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Surf Air Mobility has received a continued listing standard notice from the NYSE, which means the company must meet specific requirements to remain listed on the exchange.
Receiving a continued listing standard notice from the NYSE is generally viewed negatively by investors as it indicates potential issues with the company's compliance with exchange requirements. This could lead to short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
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