Decoy Therapeutics Regains Nasdaq Compliance After Reverse Split

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2026.04.02 13:48
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Decoy Therapeutics has regained compliance with Nasdaq's minimum bid price requirement after executing a reverse stock split on March 6, 2026. Following a hearing, the company demonstrated ten consecutive days above the $1.00 threshold, leading to formal notification of compliance on March 31, 2026. However, it will remain under a Mandatory Panel Monitor until March 31, 2027, posing ongoing listing risks. Analysts rate DCOY stock as a Hold with a $6.50 price target, citing weak financial performance and bearish technicals.