Daré Bioscience Regains Compliance With Nasdaq Minimum Bid Price Rule
Portfolio Pulse from Benzinga Newsdesk
Daré Bioscience, Inc. (NASDAQ:DARE) has regained compliance with Nasdaq's minimum bid price rule, as its stock price has been $1.00 or greater for 10 consecutive trading sessions.
July 19, 2024 | 12:02 pm
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Daré Bioscience has regained compliance with Nasdaq's minimum bid price rule, which could stabilize investor confidence and potentially lead to positive short-term price movements.
Regaining compliance with Nasdaq's minimum bid price rule is a positive regulatory milestone for Daré Bioscience. This development can enhance investor confidence and reduce the risk of delisting, which may lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100