An update from iLearningEngines Holdings ( (AILE) ) is now available.
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iLearningEngines, Inc. has announced that it has filed for Chapter 11 bankruptcy, leading to a decision by the Nasdaq Stock Market to delist its securities. The company is considering appealing this decision, which would temporarily stay the delisting process. The company is also involved in investigations by the SEC and the Department of Justice due to potential legal violations, and several top executives have resigned following internal investigations into allegations by Hindenburg Research.
More about iLearningEngines Holdings
YTD Price Performance: -98.46%
Average Trading Volume: 1,509,894
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $22.8M
Find detailed analytics on AILE stock on TipRanks’ Stock Analysis page.