Viomi Technology Back in Nasdaq Compliance

Viomi Technology Co (VIOT) has released an update.

Viomi Technology Co., Ltd, a prominent player in China’s home water solution industry, has successfully regained compliance with Nasdaq’s Minimum Bid Price Requirement. The company’s American Depositary Shares maintained a closing bid price of at least $1.00 over ten consecutive business days. This achievement marks the end of concerns about its compliance with Nasdaq listing rules and underscores Viomi’s commitment to maintaining its industry-leading position.

For further insights into VIOT stock, check out TipRanks’ Stock Analysis page.