Why Agile Therapeutics (AGRX) Stock Is Down 60%
Take Stock Of The Week Ahead

Get all the latest Share Market trends and news to set you up for the week ahead.

Zinger Key Points
  • Agile Therapeutics shares are trading lower by 61% during Tuesday's session.
  • The company announced the suspension of its trading on the Nasdaq effective Tuesday.

Agile Therapeutics Inc AGRX shares are trading lower by 61% to $0.24 during Tuesday’s session after the company announced the suspension of its trading on the Nasdaq effective Tuesday. The company received a final delisting notice from Nasdaq due to its failure to meet the minimum stockholders’ equity requirement. 

As a result, trading of its common stock on Nasdaq was suspended effective March 26. However, the company’s shares will still be publicly traded on the over-the-counter market operated by the OTC Markets Group Inc. under the symbol AGRX. 

Agile Therapeutics added and emphasized that this transition will not impact its business operations and reaffirms its commitment to executing its business plan and exploring strategic opportunities to enhance Twirla growth and shareholder value.

See Also: Is Donald Trump’s Truth Social’s Public Debut Worth The Hype? Expert Urges Caution

According to data from Benzinga Pro, AGRX has a 52-week high of $12.25 and a 52-week low of $0.20.

Comments
Loading...