SkinHealth Systems Stock Slips Under $1 With Nasdaq Delisting Risk — Is HydraScalp a Catalyst?
SkinHealth Systems Inc. shares moved lower Wednesday in late-morning action. The Hydrafacial parent just launched an updated scalp-health treatment aimed at bringing more users to its aesthetic-treatment platform, but the move didn’t stop the drop. The stock slipped 2.25 cents to 64.3 cents on Nasdaq. Volume was about 336,000 shares and market value stands close to $84.5 million. SKIN remains under $1, which is the threshold needed to keep its Nasdaq listing.