Carver Bancorp shares plunge 52.16% after-hours after announcing Nasdaq delisting and OTCQX move, citing cost cuts and strategic flexibility.

Carver Bancorp fell 52.16% in after-hours trading following its announcement to voluntarily delist from Nasdaq and deregister from the SEC, shifting to the OTCQX Market. The company cited cost reduction and strategic flexibility as motivations, but the move likely triggered investor concerns over reduced liquidity, lower institutional interest, and potential volatility associated with over-the-counter trading. The delisting, effective by December 5, 2025, removes the stock from a major exchange, potentially limiting accessibility and transparency for investors. Despite management’s emphasis on long-term growth benefits, the immediate market reaction suggests skepticism about the trade-offs, with the sharp decline reflecting perceived risks to tradability and shareholder value in the transition.