Prestige Wealth shares are trading lower after the company received a minimum bid price deficiency notification from the Nasdaq.
Portfolio Pulse from Benzinga Newsdesk
Prestige Wealth shares declined after receiving a minimum bid price deficiency notification from Nasdaq, indicating potential delisting risks if the issue is not resolved.
August 20, 2024 | 2:10 pm
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Prestige Wealth shares are under pressure following a Nasdaq notification about a minimum bid price deficiency, which could lead to delisting if not addressed.
The notification from Nasdaq about a minimum bid price deficiency is a significant regulatory issue that can lead to delisting if not resolved. This creates uncertainty and negative sentiment around the stock, likely causing a short-term decline in share price.
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