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LightInTheBox ( (LITB) ) has provided an announcement.
On January 23, 2025, LightInTheBox announced receiving a non-compliance letter from the NYSE due to its market capitalization and stockholders’ equity falling below required thresholds. The company plans to address the deficiency within 18 months to avoid potential delisting. This notification does not currently affect the company’s operations or its ADS listing, as it remains compliant with other NYSE standards.
More about LightInTheBox
LightInTheBox is a global online retail company established in 2007, specializing in affordable lifestyle products. In 2024, it refocused its strategy towards apparel design, launching the proprietary brand Ador.com, which caters to women aged 35-55 seeking higher-end fashion at competitive prices. The company also provides e-commerce services, including advertising, supply chain management, and logistics solutions.
YTD Price Performance: -25.86%
Average Trading Volume: 15,282
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $23.72M
See more data about LITB stock on TipRanks’ Stock Analysis page.