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eHealth, Inc. has been told it might be removed from Nasdaq because its stock price is too low.

TroubleRead the original at SEC EDGAR
Bad for EHTH

eHealth's bid price stayed below Nasdaq's $1-per-share rule for 30 business days. Trading continues and it has 180 days to fix this, but possible delisting makes the news unfavorable for EHTH.

EHTH · eHealth, Inc.

AI read · Bad for EHTH

The AI's read

This puts pressure on eHealth to raise its share price enough to meet Nasdaq's rule. The company has time to try, and its shares remain listed for now. A reverse share split is one option, but neither that plan nor an extra compliance period is assured.

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