UCLOUDLINK GROUP INC. (“UCLOUDLINK” or the “Company”) (NASDAQ:UCL), the world’s first and leading mobile data traffic sharing marketplace, today announced that it received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (the “Nasdaq”) dated November 22, 2022, indicating that the Company has regained compliance with the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules for which the Company received a notification letter from the Nasdaq on September 12, 2022 for failure to meet such rule. This matter has been closed.
B of A Securities Downgrades Mohawk Industries to Underperform, Lowers Price Target to $100
B of A Securities analyst Rafe Jadrosich downgrades Mohawk Industries (NYSE:MHK) from Neutral to Underperform and lowers the price target from $140 to $100.
