Yunji Regains Nasdaq Compliance After Meeting $1 Minimum Bid Price
Portfolio Pulse from Benzinga Newsdesk
Yunji Inc. has regained compliance with Nasdaq's minimum bid price requirement, ensuring its continued listing on the Nasdaq Capital Market. The company's stock price met the $1.00 minimum for 10 consecutive days, closing the compliance issue.
September 30, 2024 | 9:02 am
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Yunji Inc. has successfully regained compliance with Nasdaq's minimum bid price rule, ensuring its continued listing on the Nasdaq Capital Market. This achievement may stabilize investor confidence and support the stock price in the short term.
Yunji's compliance with the Nasdaq minimum bid price rule is crucial for maintaining its listing status, which is a positive development for the company. This news is likely to boost investor confidence and stabilize the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100