On June 27, PLBY Group Received Notice Of Delisting Or Failure To Satisfy A Continued Listing Rule Or Standard From Nasdaq
Portfolio Pulse from Benzinga Newsdesk
On June 27, PLBY Group received a notice of delisting or failure to satisfy a continued listing rule or standard from Nasdaq, according to an SEC filing.
July 03, 2024 | 5:16 pm
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NEGATIVE IMPACT
PLBY Group has received a notice of delisting or failure to satisfy a continued listing rule or standard from Nasdaq. This could lead to increased volatility and potential downward pressure on the stock price.
The notice of delisting from Nasdaq is a significant regulatory issue that can lead to increased volatility and potential downward pressure on PLBY's stock price as investors react to the news.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100