Why Did LNAI Stock Soar Over 100% In Pre-Market Trading Today?
Lunai Bioworks said Nasdaq confirmed that the company regained compliance with the exchange’s minimum bid price requirement, according to an SEC filing. Lunai had implemented a 1-for-8 reverse stock split on May 22. Nasdaq placed the company under a one-year monitoring period, during which any bid price non-compliance would not qualify for standard compliance processes. … Read more