Multi Ways Holdings Limited (MWG) has released an update.
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Multi Ways Holdings Limited received a warning from NYSE American regarding its low share price, which has been consistently under $1.00, risking delisting. The company’s shares will continue trading under the ticker ‘MWG’ as they explore options to rectify the situation, including a potential reverse stock split. However, there’s no guarantee that these efforts will prevent delisting from the exchange.
For further insights into MWG stock, check out TipRanks’ Stock Analysis page.