Color Star Technology Regains Compliance With Nasdaq Minimum Bid Price Rule After Maintaining $1.00 Per Share For 10 Consecutive Days
Portfolio Pulse from Benzinga Newsdesk
Color Star Technology has regained compliance with Nasdaq's minimum bid price rule by maintaining a stock price of at least $1.00 for 10 consecutive days.
October 01, 2024 | 1:01 pm
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Color Star Technology has successfully regained compliance with Nasdaq's minimum bid price rule, which requires maintaining a stock price of at least $1.00 for 10 consecutive days.
Regaining compliance with Nasdaq's minimum bid price rule is a positive development for Color Star Technology, as it avoids potential delisting. This can boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100