What Made CCH Holdings (CCHH) Shares Jump 59% After Hours
Bullish
57.7
CCH Holdings Ltd. (NASDAQ:CCHH) shares surged 58.83% to $1.89 in after-hours trading on Tuesday.
The stock closed at $1.19, down 11.85% during the regular session, according to Benzinga Pro data.
Company Receives Nasdaq Notification
The Malaysia-based company announced on Tuesday that it received a Feb. 3 letter from Nasdaq's Listing Qualifications Department, notifying it that the stock had fallen below the $1 minimum bid price for 30 consecutive business days.
According to the company, the notification does not result in immediate delisting and currently has no effect on its Nasdaq listing or trading.
180-Day Compliance Period Granted
Under Nasdaq Listing Rule 5810(c)(3), which outlines procedures for addressing continued listing deficiencies, CCH Holdings has 180 calendar days, until Au
The stock closed at $1.19, down 11.85% during the regular session, according to Benzinga Pro data.
Company Receives Nasdaq Notification
The Malaysia-based company announced on Tuesday that it received a Feb. 3 letter from Nasdaq's Listing Qualifications Department, notifying it that the stock had fallen below the $1 minimum bid price for 30 consecutive business days.
According to the company, the notification does not result in immediate delisting and currently has no effect on its Nasdaq listing or trading.
180-Day Compliance Period Granted
Under Nasdaq Listing Rule 5810(c)(3), which outlines procedures for addressing continued listing deficiencies, CCH Holdings has 180 calendar days, until Au
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