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An announcement from Fangdd Network Group ( (DUO) ) is now available.
Fangdd Network Group Ltd. received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as its shares have closed below $1 for the past 30 business days. The company has a 180-day period to regain compliance, during which it plans to monitor its share prices and explore options to remedy the situation, with potential for an additional compliance period if necessary. The notification does not immediately affect the company’s Nasdaq listing or trading status.
More about Fangdd Network Group
Fangdd Network Group Ltd. is a property technology company in China specializing in digitalizing real estate transactions. The company utilizes mobile internet, cloud, big data, and artificial intelligence to offer a suite of modular products and solutions powered by SaaS tools, fundamentally changing how real estate transaction participants conduct business.
YTD Price Performance: 7.46%
Average Trading Volume: 18,035,573
Technical Sentiment Consensus Rating: Strong Buy
For a thorough assessment of DUO stock, go to TipRanks’ Stock Analysis page.