Edible Garden Announces Nasdaq Panel Grants Continued Listing, Subject To Demonstrating $1.00 Minimum Bid Price Compliance By August 15
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Why It Matters
Edible Garden got permission to stay listed on Nasdaq, but needs to keep its stock price at $1.00 or higher by mid-August or it could get removed. When a company has to prove it can meet a rule like this, it shows investors are watching closely to see if the business can bounce back.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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