Founder Group Stock Falls 6% Despite Nasdaq Compliance Update

rttnews
2026.04.10 14:35
portai
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Shares of Founder Group Limited (FGL) fell 6% during Friday morning trading, despite the company regaining compliance with Nasdaq's minimum publicly held shares requirement. The stock is currently priced at $1.79, down 6.74% from the previous close of $1.92. Over the past year, shares have traded between $1.69 and $154.00. This update follows a letter from Nasdaq's Listing Qualifications Department.