Mangoceuticals Regains Full Compliance With Nasdaq Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
Mangoceuticals, Inc. (NASDAQ:MGRX) has regained compliance with Nasdaq's minimum bid price requirement, ensuring its continued listing. The company's stock maintained a closing bid price of at least $1.00 for 10 consecutive business days.
October 31, 2024 | 12:40 pm
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Mangoceuticals has regained compliance with Nasdaq's minimum bid price requirement, ensuring its continued listing. This development may stabilize investor confidence in the short term.
The news that Mangoceuticals has regained compliance with Nasdaq's minimum bid price requirement is significant as it ensures the company's continued listing on the exchange. This can positively impact investor confidence and potentially stabilize or increase the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100