Why Leafly (LFLY) Stock Is Down 49% Today
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Leafly Holdings Inc (LFLY) shares fell 49% to 73 cents after the company announced it received a Nasdaq delisting notice due to not meeting minimum financial requirements. Trading will be suspended on January 17, transitioning to the OTC Pink Open Market. Leafly warns that continued trading of its securities is not guaranteed. The stock has a 52-week high of $4.92 and a low of $0.70.
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