Why Is Charge Enterprises (CRGE) Stock Down 41% Today?

Charge Enterprises (NASDAQ:CRGE) stock is falling hard on Friday after the electric vehicle (EV) charging company notified investors of a delisting update from the Nasdaq Exchange’s Listing Qualifications Department.This notice has the company’s shares set to be delisted from the exchange when markets open on Feb. 29. This delisting comes as the company has failed to keep the price of CRGE shares above the $1 minimum bid requirement.Investors will note that Charge Enterprises already applied for a 180-day e ...