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PLAYSTUDIOS, Inc. says it is back in good standing with Nasdaq after a stock split.

RulesRead the original at SEC EDGAR
Good for MYPS

PLAYSTUDIOS cleared Nasdaq’s minimum share-price rule, removing a threat to its continued listing. The 1-for-10 split did not show stronger sales or profits, but Nasdaq said the issue is closed.

MYPS · PLAYSTUDIOS, Inc.

AI read · Good for MYPS

The AI's read

This removes a threat to MYPS staying on Nasdaq. The 1-for-10 split helped meet the share-price rule, but it does not show stronger sales or profits. Nasdaq said the issue is closed, so the listing relief is favorable for the company.

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