Vivid Seats Faces Nasdaq Board Independence Compliance Challenge
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Vivid Seats Inc. faces a compliance challenge with Nasdaq after Martin Taylor resigned from its Board of Directors, leading to a lack of a majority-independent board. The company notified Nasdaq of this issue and expects to regain compliance within the cure period. Currently, Vivid Seats' stock (SEAT) holds a Hold rating with a $9.00 price target, but its financial performance and technical indicators are concerning, impacting its overall stock score. The company operates in the live events and ticketing industry, with a market cap of $93.62M.
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