DJ Superconductor Technologies Up 24% on Compliance With Nasdaq Equity Rule
By Josh Beckerman
Superconductor Technologies Inc. shares rose 24% to 54 cents after hours as the company regained compliance with Nasdaq's equity requirement.
The company, whose products include superconducting wire and cryogenic receiver front ends, is still required to regain compliance with Nasdaq's bid price rule. Superconductor Technologies previously said it intended to satisfy the rule, potentially by completing its merger with Clearday and/or a reverse stock split.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
July 24, 2020 16:54 ET (20:54 GMT)
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