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Nasdaq Surges 150 Points; Sonder Holdings Shares Surge
Benzinga· 2024-08-19 18:37
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 150 points on Monday.The Dow traded up 0.37% to 40,809.60 while the NASDAQ rose 0.87% to 17,785.49. The S&P 500 also rose, gaining, 0.64% to 5,589.66.Check This Out: Around $2M Bet On This Health Care Stock? Check Out These 3 Stocks Under $5 Insiders Are Aggressively BuyingLeading and Lagging SectorsCommunication services shares climbed by 0.8% on Monday.In trading on Monday, information technology shares rose by j ...
Metalpha Receives Notification of Deficiency from The Nasdaq Stock Market LLC
Prnewswire· 2024-08-19 11:30
HONG KONG, Aug. 19, 2024 /PRNewswire/ -- Metalpha Technology Holding Limited (Nasdaq: MATH) (the "Company" or "Metalpha"), a global digital asset-focused wealth management company, today announced that on August 15, 2024 it has received a written notice from The Nasdaq Stock Market LLC (the "Nasdaq") which states that, as a result of not having timely filed its annual report on Form 20-F for the fiscal year ended March 31, 2024 (the "2024 Form 20-F"), Metalpha is not in compliance with Nasdaq Listing Rule 5 ...
Down 98%, Here's Why You'll Regret Buying the Dip on This Nasdaq Stock
The Motley Fool· 2024-08-19 09:40
Poor financial performance has led to a disappointing journey for shareholders.Although the Nasdaq Composite index has taken a breather in the last several days, it's still up 15% in 2024 (as of Aug. 13). And it's not trading that far off its all-time high.However, not all companies feel the bullish sentiment. In fact, there's one consumer discretionary stock that has been obliterated. Its current share price is a gut-wrenching 98% below its record level from January 2021.You might believe that buying the d ...
Nasdaq Sell-Off: 1 Unstoppable Stock Down 39% to Buy on the Dip, According to Wall Street
The Motley Fool· 2024-08-19 08:57
The Nasdaq Composite index is down 6.5% from its all-time high, but history suggests it's a buying opportunity.The Nasdaq Composite (^IXIC 0.21%) represents almost every stock on the Nasdaq exchange. It had a dream run in the first half of 2024, gaining 20% with almost no volatility.That changed in July, and the index is currently down 6.5% from its peak as investors digest weak economic data and a currency shock in Japan.History shows the U.S. stock market climbs to new highs over the long term, so this di ...
2 Nasdaq Stocks to Buy Before They Soar as Much as 102%, According to Select Wall Street Analysts
The Motley Fool· 2024-08-18 09:05
The tech-centric index has had a wild ride this year, but technology stocks have a long runway ahead, according to Wall Street.The Nasdaq Composite, which tracks the performance of the more than 3,000 stocks listed on its exchange, has been a wild ride so far this year. After climbing as much as 24% by early July, the widely followed index fell into correction territory earlier this month, down 13% from its high before trimming its losses last week.This downturn had some investors wondering whether the mark ...
Viomi Technology Co., Ltd Regains Compliance with Nasdaq's Minimum Bid Price Requirement
Prnewswire· 2024-08-17 14:30
GUANGZHOU, China, Aug. 17, 2024 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading technology company for home water solutions in China, today announced that it has received a written notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") dated August 16, 2024, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5450(a)(1) (the "Minimum Bid Price Requirement").As ...
Arogo Capital Acquisition Corp. Announces Receipt of Nasdaq Delisting Notice
GlobeNewswire News Room· 2024-08-16 22:53
MIAMI BEACH, FL, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Arogo Capital Acquisition Corp. (“Arogo” or the “Company”) (Nasdaq: AOGO/AOGOU/AOGOW), a special purpose acquisition company, today announced that it received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) on August 12, 2024, notifying the Company that, based on the market value of publicly held shares for the previous 30 consecutive business days, the Company is not in compliance with Nasdaq Listing Rule 5450(b)(2)(C), which requires t ...
Powerfleet Announces Receipt of Expected Delinquency Notification Letters from Nasdaq Relating to Non-Compliance with Nasdaq Listing Rule 5250(c)(1)
Prnewswire· 2024-08-16 21:00
Submitted response to previously announced SEC comment letter involving non-cash accounting issue; targeting to resolve matter within the month of AugustWOODCLIFF LAKE, N.J., Aug. 16, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT) today announced that on August 8 and August 15, 2024, the Company received, as expected, written notices from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it did not timely file its Transition Report on Form 10-K ...
ECD Automotive Design Announces Nasdaq Delisting Notification
GlobeNewswire News Room· 2024-08-16 20:45
KISSIMMEE, Fla., Aug. 16, 2024 (GLOBE NEWSWIRE) -- ECD Automotive Design, Inc. (“ECD” or the “Company”) (NASDAQ: ECDA), an industry leader in delivering restored, modified and electrified Land Rover Defenders, Jaguars, and other classic and collectible automobiles, today announced that the Company received a delisting notice from The Nasdaq Stock Market LLC (“Nasdaq”). As previously disclosed in the Current Reports on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on February 16, 202 ...
CytoSorbents Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
GlobeNewswire News Room· 2024-08-16 20:05
PRINCETON, N.J., Aug. 16, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery using blood purification via its proprietary polymer adsorption technology, today announced that it granted inducement equity awards on August 14, 2024 (the “Grant Date”) to its newly-hired Chief Financial Officer, Peter J. Mariani. The inducement equity awards consist of (i) a non-qualified stock option to purchas ...