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Stock impact report

Performant Receives Continued Listing Standard Notice from Nasdaq

Performant Financial Corporation (PFMT) 
Last performant financial corporation earnings: 3/17 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.performantcorp.com/node/5806
Company Research Source: GlobeNewswire
LIVERMORE, Calif., Jan. 02, 2020 (GLOBE NEWSWIRE) -- Performant Financial Corporation (Nasdaq:PFMT),(“the Company”), a provider of technology-enabled recovery and related analytics services, announced today that on December 27, 2019, it received a letter from the Listing Qualifications Department of the NASDAQ Stock Market (“NASDAQ”) indicating that, based upon the closing bid price of the Company’s common stock for the last 30 consecutive business days beginning on November 13, 2019 and ending on December 26, 2019, the Company no longer meets the requirement to maintain a minimum bid price of $1 per share, as required by Marketplace Rule 5450(a)(1) (the "Rule") for continued listing. In response to receiving the notification, Lisa Im, CEO of Performant said, “We have been working hard to transform the business over the last two years. A robust diversified business with strong healthcare growth has emerged from a legacy business of “large government education contracts”. We have do Show less Read more
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