ATA Creativity Global (AACG) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
ATA Creativity Global has been notified by Nasdaq of a minimum bid price deficiency, as its shares have fallen below the required $1 threshold for 30 consecutive days. The company has until November 25, 2024, to regain compliance by having its share price close at or above $1 for at least 10 consecutive business days. The company’s day-to-day operations remain unaffected and it plans to take measures to rectify the bid price shortfall within the allotted time frame.
For further insights into AACG stock, check out TipRanks’ Stock Analysis page.