TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Nine Energy Service ( (NINE) ) has provided an update.
Nine Energy Service, Inc. has received a notice from the New York Stock Exchange indicating non-compliance with listing standards, as its market capitalization and stockholders’ equity have fallen below $50 million. The company must submit a plan within 45 days to regain compliance within 18 months. If accepted, its stock will remain listed but subject to quarterly reviews, while failure to meet the plan’s milestones could lead to delisting, impacting liquidity and market perception.
Learn more about NINE stock on TipRanks’ Stock Analysis page.