Conn's Announces Receipt Of Nasdaq Delinquency Notification
Portfolio Pulse from Benzinga Newsdesk
Conn's Inc. has received a delinquency notification from Nasdaq due to its failure to file its quarterly report on time. The company has 60 days to submit a plan to regain compliance.
June 26, 2024 | 8:16 pm
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NEGATIVE IMPACT
Conn's Inc. has received a delinquency notification from Nasdaq for failing to file its quarterly report on time. The company has 60 days to submit a plan to regain compliance.
The delinquency notification from Nasdaq is a significant regulatory issue that could negatively impact investor confidence and the stock price of Conn's Inc. in the short term. The company has a limited timeframe to address the issue, adding to the uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100