Lulus Regains Nasdaq Compliance with Minimum Bid Price Requirement.

Lulus Fashion Lounge Holdings has regained compliance with Nasdaq's minimum bid price requirement after its common shares maintained a closing bid price of $1.00 or more for 10 consecutive business days. This brings an end to a period of non-compliance with Nasdaq listing rules, which began in March 2025.

Lulus Fashion Lounge Holdings has successfully regained compliance with Nasdaq's minimum bid price requirement. The company's common shares maintained a closing bid price of $1.00 or more for 10 consecutive business days, ending the period of non-compliance that began in March 2025. This compliance was confirmed by Nasdaq, allowing Lulus Fashion Lounge Holdings to continue trading on the Nasdaq Stock Market.

The company's shares had previously failed to meet the minimum bid price requirement, which is a critical condition for continued listing on the Nasdaq. The compliance issue was resolved by the company's ability to maintain a closing bid price of at least $1.00 per share for the required period. This development is significant for investors, as it indicates the company's commitment to meeting Nasdaq's listing standards and maintaining a stable share price.

This news comes amidst a busy week for the stock market, with major tech companies set to release earnings reports. The tech-heavy Nasdaq Composite and S&P 500 both closed at record levels on Monday, despite mixed market performance. The Dow Jones Industrial Average, however, closed just below the flatline. Investors are closely watching the earnings season, particularly for tech giants such as Alphabet and Tesla, which are expected to report strong results.

Additionally, the ongoing trade policy tensions between the US and the EU are a key concern for investors. The EU is reportedly stepping up its retaliation efforts if a trade pact with the US is not struck by the August deadline. The White House has reiterated its hardline stance on tariffs, with Commerce Secretary Howard Lutnick reaffirming the August deadline.

In other news, several companies have reported strong earnings results, with Cleveland-Cliffs and Verizon Communications beating Wall Street's projections. Domino’s Pizza also reported sales ahead of expectations, offsetting the impact of tariff uncertainty. Of the 59 S&P 500 companies that have already released results, 86% have outpaced Wall Street consensus estimates, indicating a historically strong beat rate.

References:
[1] https://sg.finance.yahoo.com/news/stock-market-today-dow-sp-500-nasdaq-futures-inch-higher-to-start-busy-week-of-big-tech-dominated-earnings-235753013.html
[2] https://www.nasdaq.com/articles/connect-biopharma-regains-nasdaq-compliance-minimum-bid-price
[3] https://www.stocktitan.net/news/LGCL/lucas-gc-limited-regains-compliance-with-nasdaq-minimum-bid-price-h08saww66ku2.html
[4] https://www.investing.com/news/sec-filings/jiade-regains-compliance-with-nasdaq-minimum-bid-price-rule-93CH-4142526