- Actelis Networks, Inc (NASDAQ:ASNS) shares traded upwards Thursday since it regained compliance with the Nasdaq.
- On May 3, Actelis Networks regained compliance with the minimum bid price requirement under Nasdaq for maintaining the listing of the shares under the exchange.
- On November 3, 2022, the Nasdaq informed Actelis regarding its failure to meet a closing bid price of $1.00 or more for 30 consecutive business days. The company conducted a 1-for-10 reverse stock split of the shares on April 18, 2023, to aid the compliance process.
- Actelis Networks offers cyber-hardened, rapid-deployment networking solutions for wide-area IoT applications, including federal, state, local government, ITS, military, utility, rail, telecom, and campus applications.
- The stock hit as high as $11.26 today.
- Price Action: ASNS shares traded higher by 23.20% at $4.41 on the last check Thursday.
Why Intel Shares Are Nosediving
Intel Corporation (NASDAQ: INTC) shares are trading lower by 5.15% to $29.92 Tuesday afternoon. Shares of semiconductor stocks at large are trading lower after August CPI data showed greater-than-expected US inflation, which has caused economic concerns and raised expectations for aggressive Fed p
