Oxbridge: Hits near 3-year high after regaining Nasdaq listing compliance

Oxbridge Re Holdings

19/06/2020 17:52

** Shares of casualty reinsurer Oxbridge Re Holdings
 OXBR.O  jumps 80% to $2.38, hitting a near 3-year high  
    ** Co said Thursday after market it has regained compliance
with Nasdaq listing rules after OXBR's stock closed at a price
greater than $1 for 10 consecutive trading days between June 4
and June 17
    ** On April 30, co received notice from Nasdaq that it no
longer complied with the $1 minimum bid price requirement for
continued listing
    ** Stock has surged more than 3 folds so far this year

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com))