Car-sharing platform Getaround gets delisting warning from NYSE

Car-sharing platform Getaround gets delisting warning from NYSE

a year ago
Anonymous $gM56WhLPcK

https://techcrunch.com/2023/02/01/car-sharing-platform-getaround-gets-delisting-warning-from-nyse/

The New York Stock Exchange has issued a delisting warning to peer-to-peer car rental company Getaround for trading too low, according to the company.

Getaround debuted on the public markets in December after merging with a special purpose acquisition company (SPAC). The combined company’s stock began trading at around $10 per share and promptly lost 65% of its value. Today, Getaround’s shares dropped 1.3% and are going for $0.64.