- Boqii said its shares have traded below the $1 threshold for 30 consecutive trading days, triggering an automatic delisting notification from the New York Stock Exchange.
- Pet community operator has failed to excite investors with its continued losses and growth that only outpaces the overall industry by a small margin.
- The bottom line seems to be that Boqii has lost nearly all its support from the investment community, with only its underwriter still a fan.
For further details see:
'Ruff' Ride For Pet-Focused Boqii, As Slide Triggers Risk Of Wall Street Delisting