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What's Going On With KULR Technology Stock Wednesday?

Benzinga ·  Dec 19 02:17

KULR Technology Group, Inc. (AMEX:KULR) shares are trading higher on Wednesday after the company announced it regained NYSE stockholder's equity required compliance status. Here's what you need to know.

What To Know: The company was previously cited for non-compliance with Sections 1003(a)(i), (ii) and (iii) of Part 10 of the NYSE American Company Guide in December 2023.

KULR has since demonstrated compliance with these standards for two consecutive quarters. Given the company's compliance, the company has been removed from NYSE American noncompliant issuers on the exchange's website.

How To Buy KULR Shares

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 KULR Tech Gr's case, it is in the Industrials 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.

Related Link: ABM Industries Stumbles Despite Q4 Earnings Beat – What's Going On?

KULR Price Action: At the time of writing, KULR shares are 76% higher at $2.57, according to data from Benzinga Pro.

Image: Image via Shutterstock

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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