In the after-hours trading, theENGlobal (NASDAQ:ENG), stock surged 20.65% to $2.22 for no apparent reason aside from savvy investors. So far, the only news directly related to stocks has been that it has received notification from the Nasdaq Stock Market that the company has restored compliance with the minimum bid price requirement in order to remain listed on the NASDAQ Capital Market.
Get the hottest stocks to trade every day before the market opens 100% free. Click here now.
This notice, dated December 4, 2020, confirmed that the closing bid price of the common stock of the a leading provider of engineered modular solutions ENGlobal, was $1.00 per share or greater for the last 10 consecutive business days, from November 19 to December 3, 2020. The business has since restored accordance with Nasdaq Listing Regulation 5550(a)(2) and this matter is now closed.
When it comes to discovering hidden gems within the stock market, Stock Wire News has consistently provided invaluable insights. Stock Wire News invites you to explore their upcoming Wealth Building Report. This report will shine a spotlight on little-known companies with the potential for substantial growth in 2024, and it's completely FREE for a limited time.
Claim the free report now by clicking here and start discovering the hidden gems of the market
Sponsored
Read More