Lexin Faces Potential Nasdaq Delisting Amid Mounting Pressure For China Fintechs
The online loan facilitator faces a potential delisting after its American depositary shares traded below $1 for 30 consecutive business days image credit: Bamboo Works Key Takeaways: Lexin’s American
Lexin's stock price dropped so low that Nasdaq might remove it from trading. When a company's stock stays below $1 for a month, the exchange can kick it off.
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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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