Iveda Regains Compliance With Nasdaq Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
Iveda has regained compliance with Nasdaq's minimum bid price requirement after its stock traded above $1.00 for 10 consecutive days.
October 02, 2024 | 12:30 pm
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POSITIVE IMPACT
Iveda has regained compliance with Nasdaq's minimum bid price requirement after its stock traded above $1.00 for 10 consecutive days.
Regaining compliance with Nasdaq's bid price requirement is positive for Iveda as it avoids potential delisting, which could have negatively impacted investor confidence and stock liquidity. This development may lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100