NewGenIvf Group Ltd. (NASDAQ:NIVF) shares traded lower on Monday before reversing after the company announced it received a noncompliance notification from the Nasdaq.
The Details: The company received a noncompliance letter from Nasdaq after failing to maintain a closing bid price of at least $1 per share for 30 consecutive business days.
NewGenIvf has until April 7 to regain compliance with Nasdaq's standards. The stock must close at or above $1 per share for a minimum of ten consecutive business days in order to regain compliance.
The company risks being delisted from the Nasdaq if it does not regain compliance within the 180 day time period.
How To Buy NewGenIvf Stock
Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.
For example, in NewGenIvf Group (NASDAQ:NIVF)'s case, it is in the Health Care sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
NIVF Price Action: NewGenIvf stock was flat at 98 cents as of Monday morning per data from Benzinga Pro.
Image: 5782413 from Pixabay.
