Socket Mobile (SCKT) Stock News
$SCKT · NASDAQ · TECHNOLOGY · 2 stories in 30 daysBORSA has published 2 stories on Socket Mobile (SCKT) in the past 30 days, 1 of them high impact. BORSA’s news read on SCKT is bearish at 35/100, unchanged over 24 hours, based on 2 company events over the past 7 days. SCKT last closed at $0.52 on Oct 27, down 3.98% over five sessions and up 14.37% over the past month. Socket Mobile’s next earnings report is scheduled for Wednesday, Nov 4 after the close.
The wire on $SCKT
newest first · updated · direct subject stories onlyTrading in Socket Mobile (SCKT) has resumed after a halt pending news. The company announced plans to voluntarily delist from Nasdaq and move to the OTCID Market, citing high compliance costs. The delisting is expected to be effective November 19, with OTC quotation beginning the same day.
bearish 35 · impact 30Socket Mobile (SCKT) announced its board approved a voluntary delisting from Nasdaq and transition to the OTCID Market. The company cited substantial cost savings from eliminating Nasdaq listing fees. SCKT is currently below the $2.5M stockholders' equity continued listing requirement. Nasdaq trading ends Nov 18; OTC quotation under the same ticker begins Nov 19.