Huize Regains Nasdaq Compliance; Shares Rise 8% Pre-Bell-March 2024-www.financetom.com

Huize Regains Nasdaq Compliance; Shares Rise 8% Pre-Bell

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Huize Regains Nasdaq Compliance; Shares Rise 8% Pre-Bell

Dec 31, 2024 4:54 AM

07:42 AM EST, 12/31/2024 (MT Newswires) -- Huize ( HUIZ ) shares jumped 8% in Tuesday's premarket session after saying it regained compliance with Nasdaq's minimum bid price requirement.

The company said it fell out of compliance on Sept. 10 as the closing price of its American depositary shares fell below $1 each for 30 consecutive business days. However, Huize ( HUIZ ) said it regained compliance as of Monday after its stock price reclaimed the threshold for 10 straight business days.

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