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Bark Inc. received a notification from the NYSE for not meeting listing requirements due to its common stock trading below $1.00 per share. Analysts forecast an average target price of $2.33, implying a 152.94% upside from the current price. The company reported positive adjusted EBITDA for the first time, 27% YoY growth in the commerce segment, and plans to diversify revenue streams. However, Q4 revenue was lighter than expected due to tariff-related uncertainties and softening consumer sentiment.
Bark Inc. (NYSE: BARK), a leading global omnichannel dog brand, has received a notice from the New York Stock Exchange (NYSE) stating that it is no longer in compliance with its continued listing standards due to its common stock trading below $1.00 per share over a consecutive 30-day period [1]. The company has six months to regain compliance with the listing standard by achieving a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the prior 30-day period [1].Daily stocks & crypto headlines, free to your inbox
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