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Lixiang Education Regains Compliance With Nasdaq Market-Value Requirement; Shares Fall 10%
Lixiang Education (LXEH) shares were down more than 10% in Monday trading after it said it has regained compliance with Nasdaq Stock Market listing rules.The company said it met the criteria by having a minimum market value of publicly held shares of $5 million for at least 10 consecutive business days.Lixiang Education had been notified by Nasdaq in February that it had fallen out of compliance with its listing rules.Price: $1.17, Change: $-0.13, Percent Change: -10.00%
$LXEH