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The latest announcement is out from Pluri ( (PLUR) ).
Pluri Inc. received a deficiency letter from Nasdaq on November 25, 2024, for not meeting the stockholders’ equity requirement or alternative listing standards. After submitting a compliance plan, Nasdaq granted an extension until May 24, 2025. By May 7, 2025, Pluri regained compliance by maintaining a market value of $35 million for 10 consecutive days, ensuring its continued listing on The Nasdaq Capital Market.
Spark’s Take on PLUR Stock
According to Spark, TipRanks’ AI Analyst, PLUR is a Underperform.
Pluri’s overall score is impacted primarily by its significant financial challenges and valuation issues. The company’s strategic board appointment is a positive step, but it does not outweigh the risks posed by high leverage, negative cash flow, and ongoing operational losses.
To see Spark’s full report on PLUR stock, click here.
More about Pluri
Average Trading Volume: 16,209
Technical Sentiment Signal: Sell
Current Market Cap: $37.58M
See more data about PLUR stock on TipRanks’ Stock Analysis page.