Concord Medical Services Regains NYSE Compliance With Minimum Share Price Requirement; No Longer Below NYSE's $1.00 Average Share Price Criterion
Portfolio Pulse from Benzinga Newsdesk
Concord Medical Services has regained compliance with the NYSE's minimum share price requirement, no longer being below the $1.00 average share price criterion.
August 07, 2024 | 12:36 pm
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POSITIVE IMPACT
Concord Medical Services has regained compliance with the NYSE's minimum share price requirement, which is a positive regulatory development for the company.
Regaining compliance with the NYSE's minimum share price requirement removes the risk of delisting, which is a positive development for the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100