Reported Friday, SRIVARU Receives Nasdaq Delisting Notification, Plans To Appeal Decision
Portfolio Pulse from Benzinga Newsdesk
SRIVARU has received a delisting notification from Nasdaq and plans to appeal the decision.
July 29, 2024 | 5:49 am
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NEGATIVE IMPACT
SRIVARU has received a delisting notification from Nasdaq and plans to appeal the decision. This could lead to increased volatility in the stock price.
The delisting notification from Nasdaq is a significant regulatory event that could negatively impact investor sentiment and lead to short-term price declines. The company's plan to appeal may introduce uncertainty and volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100