Viomi Technology Co (VIOT) has released an update.
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
Viomi Technology Co., a Chinese IoT @ Home technology company, has been notified by Nasdaq that its American Depositary Shares (ADSs) have fallen below the minimum bid price of $1.00 for 30 consecutive days. The company now has a 180-day period to regain compliance with the Nasdaq’s minimum price requirement. This notification does not affect Viomi’s business operations, and the company is actively seeking to address the issue to meet Nasdaq’s standards.
For further insights into VIOT stock, check out TipRanks’ Stock Analysis page.