Allbirds Receives Six Month’s Notice to Raise Its Stock Price

Allbirds on Monday said it received a notice from Nasdaq flagging its share price remaining below $1 for a month. The embattled sneaker seller has six months to trade at more than $1 for at least 10 consecutive days or risk being delisted, but it could receive another six months extension if it doesn’t meet that deadline.

from Business of Fashion https://ift.tt/YcUARsP