SCWorx Says It Receives Nasdaq Partial Compliance Letter, Must Still Achieve $1.00 Minimum Closing Bid Price For 20 Consecutive Trading Days
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Why It Matters
SCWorx got a second chance from Nasdaq, but its stock price needs to stay at $1.00 or higher for 20 days straight, or it could get removed from the exchange. When a company struggles to keep its stock price up, it can signal investor worry about the company's health.
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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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