Stem Inc (STEM) has issued an announcement.
Stem, Inc. has been notified by the NYSE that its stock price has dipped below the required $1.00 average over 30 days, risking its listing status. The company plans to address the issue within 10 days and has six months to correct the shortfall. During this period, it can regain compliance if the stock price recovers to the minimum level. This notice does not impact the company’s operations or its SEC reporting obligations, and it has informed stakeholders through a press release.
For an in-depth examination of STEM stock, go to TipRanks’ Stock Analysis page.
