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.
Exela technologies公司（納斯達克股票代碼：XELA）的股價在週四交易中下跌了41%，至1.17美元。據該公司稱，納斯達克通知Exela technologies其普通股將被除牌，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.
其他消息：Exela稱，此舉是基於2023年11月13日前一通知，稱Exela未能達到納斯達克3500萬美元的最低市值要求。儘管在2024年7月向納斯達克聽證會提出了符合計劃，並獲得了延期至11月1日，但Exela未能滿足必要的要求。
Following the delisting notice, Exela's stock is expected to trade on the OTC Markets under the symbol "XELA" starting November 8.
根據除牌通知，Exela的股票預計將於11月8日起在場外交易市場以「XELA」標的進行交易。
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.
公司有直到11月22日的時間請求對該決定進行審核，納斯達克上市和聽證審查委員會可能會在45天內獨立選擇對其進行審查。
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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周最高價爲4.34美元，52周最低價爲1.12美元。
譯文內容由第三人軟體翻譯。
