Why JOANN Stock Is Extremely Volatile Today
Why JOANN Stock Is Extremely Volatile Today
JOANN Inc (NASDAQ:JOAN) shares are trading lower by 21.7% to $0.08 during Wednesday's session on continued volatility after the Nasdaq last week determined that the company is no longer suitable for listing and its stock will be suspended on March 28.
由于持续波动，乔安公司（纳斯达克股票代码：JOAN）股价在周三的交易中下跌21.7％，至0.08美元，此前纳斯达克上周确定该公司不再适合上市，其股票将于3月28日暂停。
On March 20, JOANN received notification from Nasdaq that its common stock would be delisted due to the company's voluntary filing for Chapter 11 bankruptcy on March 18.
3月20日，JOANN收到纳斯达克的通知，由于该公司于3月18日自愿申请第11章破产，其普通股将退市。
Nasdaq cited rules indicating that the company was no longer suitable for listing. JOANN, Inc. has decided not to appeal this decision.
纳斯达克引用的规则表明该公司不再适合上市。JOANN, Inc. 已决定不对该决定提出上诉。
Trading of its common stock will cease on March 28, and the company's stock will be removed from listing and registration on Nasdaq.
其普通股的交易将于3月28日停止，该公司的股票将从纳斯达克的上市和注册中删除。
According to data from Benzinga Pro, JOAN has a 52-week high of $2.19 and a 52-week low of $0.09.
根据Benzinga Pro的数据，JOAN的52周高点为2.19美元，52周低点为0.09美元。