Pomdoctor receives Nasdaq delisting notice after bid price stays below $1
Nasdaq notified Pomdoctor on October 6 that its ADSs failed the minimum bid price rule for 30 consecutive days. A 1-for-18 reverse split in June disqualifies the company from a cure period. Trading could be suspended October 15 unless the company appeals by October 13. Pomdoctor plans to request a hearing and present a compliance plan. 130 clean stories shaped this window, with sentiment bearish at 36/100. Also in focus: SpaceX $8 Billion Spectrum Deal Sends Wireless Carrier Shares Plunging.
Sentiment36/100 · Bearish
Market readBearishat publication
Stories130clean stories in the window
Published4:10 PMFri, Oct 9 · ET