Fangdd shares tumbled more than 25% in premarket trading

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Fangdd shares tumbled more than 25% in premarket trading

Tiger Newspress2022-01-13

Fangdd shares tumbled more than 25% in premarket trading.Fangdd Network Group Ltd., a Chinese online real estate marketplace, may be forced to delist from Nasdaq as the company’s ADS closed below $1 per share for 30 consecutive business days, according to the company’s filing on Jan. 7.

In the filing, FangDD notes that it received notice from Nasdaq on Jan. 4 that it was not compliant with the minimum bid price requirement under Nasdaq listing rules. The company has been granted a grace period of 180 calendar days, which expires on July 5, to regain compliance.

FangDD’s 3Q2021 results, released in November, reveal that the company’s revenue was down by 57.8% while its net loss widened to $55.1 million.

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Comment（8）

saral
·2022-01-14
Wow
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1
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MuppyKoh
·2022-01-13
Please like
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6
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LeonardKSW
·2022-01-13
Any chance it will be made to usd1 within 3mths? Can try to buy 1000shares for fun..who knows it really may... a few already like that too
Reply
8
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VaanWu
·2022-01-13
Wow
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7
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BalancingAct
·2022-01-13
Many more will be delisted.
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AhSon
·2022-01-13
Keep cash
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4
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Blackk
·2022-01-13
Like please
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4
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imsomeonelse
·2022-01-13
Ouch
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5
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Can try to buy 1000shares for fun..who knows it really may... a few already like that too","listText":"Any chance it will be made to usd1 within 3mths? Can try to buy 1000shares for fun..who knows it really may... a few already like that too","text":"Any chance it will be made to usd1 within 3mths? Can try to buy 1000shares for fun..who knows it really may... a few already like that too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002414386","repostId":1162488240,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9002416872,"gmtCreate":1642066925611,"gmtModify":1676533677560,"author":{"id":"3578220680898909","authorId":"3578220680898909","name":"VaanWu","avatar":"https://static.tigerbbs.com/0a3dc0391d6255d7d1ab35bde3ce68ab","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3578220680898909","idStr":"3578220680898909"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002416872","repostId":1162488240,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9002418154,"gmtCreate":1642066529603,"gmtModify":1676533677479,"author":{"id":"4094806265294780","authorId":"4094806265294780","name":"BalancingAct","avatar":"https://static.itradeup.com/news/9cb9f5488de2188d3e586f9359652a38","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"4094806265294780","idStr":"4094806265294780"},"htmlText":"Many more will be delisted.","listText":"Many more will be delisted.","text":"Many more will be delisted.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002418154","repostId":1162488240,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9002418321,"gmtCreate":1642066431152,"gmtModify":1676533677464,"author":{"id":"3562559237461627","authorId":"3562559237461627","name":"AhSon","avatar":"https://static.tigerbbs.com/93b572e6d31fbbe91fbc1aeca083aee9","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3562559237461627","idStr":"3562559237461627"},"htmlText":"Keep cash&nbsp;","listText":"Keep cash&nbsp;","text":"Keep cash","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002418321","repostId":1162488240,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9002411292,"gmtCreate":1642066276934,"gmtModify":1676533677446,"author":{"id":"3572770726668540","authorId":"3572770726668540","name":"Blackk","avatar":"https://static.tigerbbs.com/93d9bfa23cdea8af3308e34dedf35d9e","vip":1,"crmLevel":9,"crmLevelSwitch":0,"authorIdStr":"3572770726668540","idStr":"3572770726668540"},"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002411292","repostId":1162488240,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9002413574,"gmtCreate":1642066077944,"gmtModify":1676533677430,"author":{"id":"3572697049328629","authorId":"3572697049328629","name":"imsomeonelse","avatar":"https://community-static.tradeup.com/news/9294e9e7f11f190688efe808098fa12b","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3572697049328629","idStr":"3572697049328629"},"htmlText":"Ouch&nbsp;","listText":"Ouch&nbsp;","text":"Ouch","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002413574","repostId":1162488240,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":95,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}