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Benzinga
Benzinga
Business
Dylan Berman

What's Going On With Bollinger Shares Friday?

Stock chartbenzingaai2023_stock_market_charts_on_multiple_computer_scree_03ada781-be05-460b-a6af-38988bc7658b_1

Bollinger Innovations, Inc. (NASDAQ:BINI) shares are trading higher Friday after the company announced it will move to OTC markets on Oct. 13 and will be suspended from trading on the Nasdaq.

What To Know: The company's common stock will begin trading on the OTCID market under the same ticker symbol, BINI. Bollinger said the move aligns with its operating strategy and will allow it to reduce administrative and compliance costs while maintaining investor access and trading flexibility.

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