Viomi Technology announced that it has received a written notification from the staff of Nasdaq dated March 26, indicating that because the closing bid price of the company’s ADSs for the last 30 consecutive business days was below $1.00 per share, the company no longer meets the Nasdaq minimum bid price requirement, set forth in Nasdaq Listing Rule 5450.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VIOT:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue