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Liveperson on the Brink: Racing Against Time to Meet Nasdaq’s Minimum Bid Price Requirement

Liveperson on the Brink: Racing Against Time to Meet Nasdaq’s Minimum Bid Price Requirement

Liveperson (LPSN) has disclosed a new risk, in the Share Price & Shareholder Rights category.

Liveperson faces a significant business risk as it struggles to meet Nasdaq’s continued listing requirements, particularly the minimum closing bid price. After receiving a warning for its stock price dipping below $1.00 for 30 consecutive days, the company has a 180-day period to rectify the situation. Failure to regain compliance could lead to delisting, adversely affecting the stock’s liquidity and market price. This scenario could also hinder Liveperson’s ability to raise capital and negatively impact investor confidence.

The average LPSN stock price target is $1.46, implying 154.62% upside potential.

To learn more about Liveperson’s risk factors, click here.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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