What's Going On With Starbox Group Stock (STBX) Hitting A New All-Time Low?
What's Going On With Starbox Group Stock (STBX) Hitting A New All-Time Low?
According to data from Benzinga Pro, STBX has a 52-week high of $4.46 and a 52-week low of $0.097. Starbox Group Holdings Ltd (NASDAQ:STBX) shares are trading lower by 51% to $0.10 Wednesday morning, despite a lack of company-specific news for the session. The stock may be falling on continued weakness after the company last week received a notification from Nasdaq regarding its non-compliance with the minimum share price requirement.
Starbox集團控股有限公司（納斯達克股票代碼：STBX）週三上午股價下跌51％，至0.10美元，儘管該時段缺乏公司特定的消息。該公司上週收到納斯達克關於其未遵守最低股價要求的通知後，該股可能因持續疲軟而下跌。
The rule stipulates a minimum bid price of $1.00 per share for continued listing on Nasdaq. The company has 180 days to meet this requirement by maintaining a closing bid price of at least $1.00 for ten consecutive business days.
該規則規定，繼續在納斯達克上市的最低出價爲每股1.00美元。通過連續十個工作日將收盤價維持在至少1.00美元，公司有180天的時間滿足這一要求。
Failure to do so could lead to delisting, but the company's day-to-day operations remain unaffected. To comply, they may consider options like a reverse share split.
不這樣做可能會導致退市，但該公司的日常運營仍未受到影響。爲了遵守規定，他們可能會考慮諸如反向股份分割之類的選項。
According to data from Benzinga Pro, STBX has a 52-week high of $4.46 and a 52-week low of $0.097.
根據Benzinga Pro的數據，STBX創下52周高點4.46美元，52周低點爲0.097美元。
