Largo Receives Nasdaq Non-Compliance Notice
Largo (NASDAQ:LGO) has received a notice from Nasdaq indicating it is not in compliance with the minimum bid price requirement, as its shares closed below $1.00 for 30 consecutive business days. The company now has 180 calendar days to regain compliance; LGO shares fell -4.8% premarket to $0.70.
Topics: bid price requirement Nasdaq compliance stock delisting risk