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Benzinga
Benzinga
Business
Henry Khederian

Why Sundial Growers Shares Are Popping Off

Sundial Growers Inc (NASDAQ:SNDL) shares are trading higher by 10.2% at $0.55 after the company announced that it has received an extension of 180 calendar days to regain compliance with Nasdaq's minimum bid price requirement.

Sundial stated in a press release, and as was previously reported, the company was notified by Nasdaq on August 9, 2021 that the bid price for its common shares was not in compliance with the Nasdaq minimum bid price requirement.

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