The fast-casual chain said it could consider a reverse stock split to bring its share price back into compliance
The Nasdaq Stock Market has warned Noodles & Company that its share price is too low to meet the exchange’s rules, the fast-casual noodle chain said in a filing on Tuesday.
Nasdaq informed Noodles on Dec. 24 that it was in noncompliance with the exchange’s minimum bid price requirement of $1 per share, and had been for more than 30 consecutive business days...
Nasdaq informed Noodles on Dec. 24 that it was in noncompliance with the exchange’s minimum bid price requirement of $1 per share, and had been for more than 30 consecutive business days...
RSK: Noodles used to be all the rage...I think they became a bit complacent in adding new dishes and offerings to their menu...plus COVID was not kind to them.
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- - Volume: 25 - WEEK: 2 Date: 1/7/2025 11:47:45 AM -