An announcement from Gogoro ( (GGR) ) is now available.
On April 28, 2025, Gogoro Inc. received approval to transfer its listing from the Nasdaq Global Select Market to the Nasdaq Capital Market, effective April 30, 2025. This move was necessitated by the company’s non-compliance with Nasdaq’s minimum bid price requirement, as its shares had been trading below $1.00 for 30 consecutive business days. The transfer grants Gogoro an additional 180 days, until October 27, 2025, to meet the minimum bid price requirement. Gogoro anticipates no material impact on the trading of its securities due to this transfer.
Spark’s Take on GGR Stock
According to Spark, TipRanks’ AI Analyst, GGR is a Neutral.
Gogoro’s overall stock score reflects significant financial challenges, including declining revenue and increased losses, despite some positive strategic shifts. The technical outlook is bearish, and valuation metrics are weak due to ongoing losses.
To see Spark’s full report on GGR stock, click here.
More about Gogoro
Gogoro Inc., founded in 2011, is a global technology leader specializing in battery swapping ecosystems that facilitate sustainable mobility solutions for urban environments. The company is recognized for its innovative contributions to urban energy distribution and consumption, particularly in the realm of electric two-wheel vehicles. Gogoro’s platforms are known for their smart, sustainable approach to urban mobility, leveraging advanced technology and artificial intelligence to manage battery charging and availability.
YTD Price Performance: -49.22%
Average Trading Volume: 833,166
Technical Sentiment Signal: Buy
Current Market Cap: $76.7M
See more data about GGR stock on TipRanks’ Stock Analysis page.