CLPS Regains Nasdaq Compliance After Meeting Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
CLPS has regained compliance with Nasdaq's minimum bid price requirement by maintaining a stock price of at least $1.00 per share for 10 consecutive days.
September 09, 2024 | 12:51 pm
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CLPS has successfully regained compliance with Nasdaq's listing requirements by maintaining a minimum bid price of $1.00 per share for 10 consecutive days.
Regaining compliance with Nasdaq's listing requirements is a positive development for CLPS, as it avoids the risk of delisting. This can boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100