We recently published Massive Gains: 10 Stocks Investors Can’t Stop Buying. Cycurion, Inc. (NASDAQ:CYCU) is one of the top performers on Thursday.
Cycurion extended its winning streak to a fourth consecutive day on Thursday, soaring 68.45 percent to close at $0.4858 apiece as investors gobbled up shares to support price recovery amid risks of getting delisted early next month.
This followed its failure to meet the Nasdaq’s minimum bid price requirement of $1 to continue trading on the stock exchange.
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In April, or two months after debuting on the stock market, Cycurion, Inc. (NASDAQ:CYCU) received a notification letter from the Nasdaq informing of its failure to meet the minimum bid price, and its need to comply with the requirement for 10 business days until October 6, 2025.
From its market debut on February 18, the company only traded above $1 for four days beginning on its IPO date. It has not recovered ever since.
If Cycurion, Inc. (NASDAQ:CYCU) still fails to comply, it could face delisting from the stock exchange after seven months of being publicly listed.
Founded in 2017, Cycurion, Inc. (NASDAQ:CYCU) is a cybersecurity and technology solutions provider based in Virginia, USA.
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Disclosure: None. This article is originally published at Insider Monkey.