Why Connexa Sports Stock Plunged Today

Connexa Sports Technologies Inc. CNXA shares are trading lower Monday after the company announced that it received a letter from the Nasdaq regarding the late filing of its quarterly report.

What To Know: The letter, received last Friday, indicated that the company was in violation of the Nasdaq's continued listing requirements due to its failure to file its Quarterly Report on Form 10-Q for the period ended July 31. The company was given until September 27 to present its views on the issue.

Related Link: What's Going On With Canopy Growth Stock?

CNXA Price Action: Shares of CNXA were down 24.6% at $3.99 at the time of publication, according to Benzinga Pro.

Image by Pexels from Pixabay

Market News and Data brought to you by Benzinga APIs
Posted In: NewsPenny StocksMoverswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...