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Movano Stock (MOVE) Surges 85% on Nasdaq Listing Extension
Movano Stock (MOVE) Surges 85% on Nasdaq Listing Extension
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BTCCSquare news:
Movano Inc. (MOVE) shares skyrocketed 84.59% in pre-market trading after securing a critical listing extension from Nasdaq's Hearings Panel. The health-tech company now has until September 2025 to file delayed quarterly reports and until October 2025 to regain compliance with the $1 minimum share price requirement.
A proposed reverse stock split, subject to shareholder approval at the September 26 annual meeting, could artificially inflate the share price above Nasdaq's threshold. Despite today's rally, the stock remains down 88.56% YTD amid heavy trading volume exceeding 28 million shares.
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