ShiftPixy Receives Notice Of Failure To Satisfy Continued Listing Rule Or Standard From Nasdaq
Portfolio Pulse from Benzinga Newsdesk
ShiftPixy has received a notice from Nasdaq indicating its failure to meet a continued listing rule or standard. This could impact the company's stock price and investor confidence.
October 16, 2024 | 4:55 pm
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NEGATIVE IMPACT
ShiftPixy has been notified by Nasdaq for not meeting a continued listing rule or standard, which could lead to potential delisting if not rectified.
The notice from Nasdaq indicates a regulatory issue that could lead to delisting if not addressed. This is likely to negatively impact investor confidence and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100