Tuniu (TOUR) has released an update.
Tuniu Corporation, a major online leisure travel firm in China, has successfully met Nasdaq’s Minimum Bid Price Requirement, ensuring its continued listing on the stock market. The company’s American depositary shares maintained a closing bid price of $1.00 or more for 11 consecutive business days, satisfying Nasdaq’s conditions and closing the matter. This accomplishment reflects Tuniu’s commitment to adhering to market standards and securing investor confidence in its financial stability.
For further insights into TOUR stock, check out TipRanks’ Stock Analysis page.
