2023-08-04 06:15:20 ET
- Clover Health Investments ( NASDAQ: CLOV ) receives Nasdaq notice that it has regained compliance with the minimum bid price requirement.
- The company had received a notice from Nasdaq on April 20, 2023 notifying that it had failed to meet the $1.00 per share minimum bid price requirement.
- To regain compliance, the needed to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, which was achieved on July 28, 2023.
- The stock price is down 2.2% on Friday pre-market hours.
For further details see:
Clover Health Investments regains Nasdaq compliance