Why Exela Technologies (XELA) Stock Is Down 40% Today
Why Exela Technologies (XELA) Stock Is Down 40% Today
The company has until November 22, to request a review of this decision, and Nasdaq's Listing and Hearing Review Council may independently choose to review it within 45 days.Exela Technologies Inc (NASDAQ:XELA) shares are trading lower by 41% to $1.17 during Thursday's session. Per the company, Nasdaq informed Exela Technologies that its common stock would be delisted, with trading suspended on November 8.
周四交易中，Exela Technologies Inc（纳斯达克股票代码：XELA）股价下跌41％，至1.17美元。据该公司称，纳斯达克告知Exela Technologies，其普通股将退市，并于11月8日暂停交易。
What Else: Exela says this follows a prior notification on November 13, 2023, that Exela had failed to meet the Nasdaq minimum market value requirement of $35 million. Despite presenting a compliance plan to Nasdaq's Hearings Panel in July 2024 and receiving an extension until November 1, Exela did not meet the necessary requirements.
还有什么：Exela表示，这是在2023年11月13日事先通知Exela未能达到纳斯达克3500万美元的最低市值要求之后发布的。尽管Exela于2024年7月向纳斯达克听证小组提交了合规计划，并将合规计划延长至11月1日，但仍未满足必要的要求。
Following the delisting notice, Exela's stock is expected to trade on the OTC Markets under the symbol "XELA" starting November 8.
退市通知发布后，预计Exela的股票将从11月8日起在场外交易市场上交易，股票代码为 “XELA”。
The company has until November 22, to request a review of this decision, and Nasdaq's Listing and Hearing Review Council may independently choose to review it within 45 days.
该公司必须在11月22日之前要求对该决定进行审查，纳斯达克的上市和听证会审查委员会可以独立选择在45天内对其进行审查。
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According to data from Benzinga Pro, XELA has a 52-week high of $4.34 and a 52-week low of $1.12.
根据Benzinga Pro的数据，XELA的52周高点为4.34美元，52周低点为1.12美元。
