So-Young International Faces Nasdaq Listing Warning After Falling Below $1 Minimum Bid
Portfolio Pulse from Benzinga Newsdesk
So-Young International Inc. has received a warning from Nasdaq for its shares trading below the $1 minimum bid price for 30 consecutive days. This notice currently does not affect the trading of its shares.
August 29, 2024 | 9:32 am
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So-Young International Inc. has been warned by Nasdaq for its shares trading below the $1 minimum bid price for 30 consecutive days. This notice does not currently affect the trading of its shares.
The warning from Nasdaq indicates potential delisting risk if the share price does not recover, which could negatively impact investor sentiment and the stock price in the short term. However, the notice currently does not affect trading, providing the company time to address the issue.
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