What Happens When Every Bureaucrat Is Gone?

DOGE could be on the verge of replacing thousands of entrenched government bureaucrats with a new form of AI. This one move could save American taxpayers billions of dollars. But even more important to you as an investor ...It could light a fire under the AI market. And I believe six specific stocks could soar as a result.

Why Leafly (LFLY) Stock Is Down 49% Today

Henry Khederian
January 16, 2025

Leafly Holdings Inc (NASDAQ:LFLY) shares are trading lower by 49% to 73 cents Thursday afternoon after the company announced it received a Nasdaq delisting notice and will transition to the over-the-counter market.

What Else: The delisting stems from the company’s failure to meet minimum financial requirements, including $500,000 in net income from continuing operations, as outlined in Nasdaq Listing Rule 5550(b). Trading of Leafly's stock and warrants will be suspended starting January 17.

The securities are expected to trade on the OTC Pink Open Market under the symbols “LFLY” and “LFLYW” on the same day.

While this shift won’t impact the company's operations, Leafly cautions that continued market trading of its securities is not guaranteed on over-the-counter markets or elsewhere.

Read Also: Polar Vortex Brings Winter’s Coldest Air For Trump’s Inauguration Day: What It Means For Utilities, Retailers, Energy Stocks

According to data from Benzinga Pro, LFLY has a 52-week high of $4.92 and a 52-week low of $0.70.

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