NanoString Technologies to eliminate around 9% of global workforce [Seeking Alpha]
NanoString Technologies, Inc. (NSTG)
Last nanostring technologies, inc. earnings: 2/26 04:00 pm
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US:NASDAQ Investor Relations:
investors.nanostring.com
Company Research
Source: Seeking Alpha
The layoffs will substantially complete by March 31, 2024. The firm expects to incur approximately $2M of costs, consisting primarily of cash severance costs and transition support services for impacted employees, in the fourth quarter of 2023. The company may also incur additional costs not currently contemplated due to events that may occur as a result of, or that are associated with, the workforce reduction. In addition, NanoString ( NSTG ) received a notice from The Nasdaq Stock Market this week after failing to satisfy a continued listing rule of standard. It has until July 2, 2024 to regain compliance with the $1.00 per share minimum bid price listing requirement. Shares of NanoString Technologies ( NSTG ) were up premarket on Friday Recommended For You
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NSTG
News
- NanoString Technologies, Inc. (NASDAQ: NSTG) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- NanoString Announces Completion of Financing to Support Restructuring Process [Yahoo! Finance]Yahoo! Finance
- NanoString Announces Completion of Financing to Support Restructuring ProcessBusiness Wire
- NanoString shares to cease trading on Nasdaq next week [Seeking Alpha]Seeking Alpha
- NanoString Takes Steps to Restructure Its Business and Protect Its Mission to Map the Universe of Biology [Yahoo! Finance]Yahoo! Finance
NSTG
Earnings
- 11/6/23 - Miss
NSTG
Sec Filings
- 2/14/24 - Form SC
- 2/14/24 - Form SC
- 2/14/24 - Form SC
- NSTG's page on the SEC website