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.
週四交易中，Exela Technologies Inc（納斯達克股票代碼：XELA）股價下跌41％，至1.17美元。據該公司稱，納斯達克告知Exela Technologies，其普通股將退市，並於11月8日暫停交易。
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.
還有什麼：Exela表示，這是在2023年11月13日事先通知Exela未能達到納斯達克3500萬美元的最低市值要求之後發佈的。儘管Exela於2024年7月向納斯達克聽證小組提交了合規計劃，並將合規計劃延長至11月1日，但仍未滿足必要的要求。
Following the delisting notice, Exela's stock is expected to trade on the OTC Markets under the symbol "XELA" starting November 8.
退市通知發佈後，預計Exela的股票將從11月8日起在場外交易市場上交易，股票代碼爲 「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.
該公司必須在11月22日之前要求對該決定進行審查，納斯達克的上市和聽證會審查委員會可以獨立選擇在45天內對其進行審查。
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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.
根據Benzinga Pro的數據，XELA的52周高點爲4.34美元，52周低點爲1.12美元。
