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The latest announcement is out from Smart Share Global ADR ( (EM) ).
On February 3, 2025, Smart Share Global Limited announced it regained compliance with Nasdaq’s minimum bid price requirement. This development follows the company receiving a non-compliance notice on August 9, 2024, due to the bid price falling below $1.00 per share for 30 consecutive days. As of January 31, 2025, the company’s shares have maintained a closing bid price of $1.00 or higher for ten consecutive business days, thereby resolving the issue.
More about Smart Share Global ADR
Smart Share Global Limited, known as Energy Monster, is a leading consumer tech company in China, specializing in mobile device charging services. It holds the largest market share in the country, offering its services through power banks located at various points of interest like entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces.
YTD Price Performance: 59.72%
Average Trading Volume: 662,095
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $296.9M
For a thorough assessment of EM stock, go to TipRanks’ Stock Analysis page.
