US Stock Market Move | Received a notice from NASDAQ stating that Fangdd Network Group Ltd Sponsored ADR Class A (DUO.US) has fallen more than 3% below the minimum purchase price requirement.

date
22:45 27/12/2024
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GMT Eight
On Friday, the stock of Fangdd Network Group (DUO.US) fell more than 3%, closing at $0.694.
On Friday, Fangdd Network Group Ltd Sponsored ADR Class A (DUO.US) fell more than 3% to $0.694. It is reported that Fangdd Network Group Ltd Sponsored ADR Class A has received a non-compliance notice from Nasdaq for not meeting the minimum bid price requirement, as its stock price was below $1 per share for 30 consecutive trading days from November 11, 2024, to December 23, 2024. Fangdd Network Group Ltd Sponsored ADR Class A has been granted a 180-day compliance period until June 23, 2025, to regain compliance.