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MicroAlgo ( (MLGO) ) just unveiled an announcement.
MicroAlgo Inc. has successfully regained compliance with NASDAQ’s listing requirements, specifically the minimum bid price rule, after its ordinary shares maintained a closing bid price of $1.00 or greater for ten consecutive business days. This achievement marks a significant milestone for MicroAlgo, reassuring stakeholders about the company’s stability and commitment to adhering to market regulations.
More about MicroAlgo
MicroAlgo Inc. operates within the technology sector, focusing on developing algorithms and software solutions to optimize business operations and enhance technological efficiency. The company is based in Shenzhen, China, and aims to innovate within the high-tech industry, catering to a global market.
YTD Price Performance: -97.77%
Average Trading Volume: 1,834,847
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $40.59M
See more insights into MLGO stock on TipRanks’ Stock Analysis page.
