Jayud Global Logistics Limited Class A (JYD) has released an update.
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Jayud Global Logistics Limited, a Shenzhen-based leader in cross-border logistics, has been notified by Nasdaq of a bid price deficiency, with its shares trading below $1 for 30 consecutive days. The company’s stock will continue trading on the Nasdaq as they have until December 3, 2024, to meet the minimum bid price requirement. Jayud aims to resolve the deficiency within the allotted timeframe and maintains normal business operations.
For further insights into JYD stock, check out TipRanks’ Stock Analysis page.