Tuniu (TOUR) has released an update.
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Tuniu Corporation, a prominent online leisure travel company in China, has received a notice from Nasdaq for not meeting the minimum bid price requirement over the past 31 business days. The company now has a 180-day period until February 3, 2025, to regain compliance by having its shares consistently reach or exceed $1.00. Despite this notice, Tuniu’s business operations remain unaffected, and the company is focused on taking necessary steps to meet Nasdaq’s requirements.
For further insights into TOUR stock, check out TipRanks’ Stock Analysis page.