Paranovus Entertainment Shares Climb 49% After Regaining Nasdaq Compliance

Dow Jones

2025/01/01

By Stephen Nakrosis

Paranovus Entertainment Technology's shares rallied after the company said it had regained compliance with Nasdaq's continued listing standards.

The stock rose 49% to $2.04 in post-market trading. The shares ended the day's regular session up 4.8% at $1.36.

The company said it regained compliance after its ordinary shares had been at $1.00 per share or greater for the last 10 consecutive business days, from Dec. 13 to Dec. 30.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

December 31, 2024 18:09 ET (23:09 GMT)

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The shares ended the day's regular session up 4.8% at $1.36. \n\n\n  The company said it regained compliance after its ordinary shares had been at $1.00 per share or greater for the last 10 consecutive business days, from Dec. 13 to Dec. 30. \n\n\n \n\n\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 31, 2024 18:09 ET (23:09 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}