BUZZ-GBank Financial hits over 2-month high as Nasdaq listing beckons

Reuters

Apr 30

** Community lender GBank Financial's GBFH.PK shares rise as much as 3.9%, hitting their highest since early February

** Stock last up 1.4% at $40.05

** GBFH late Monday announced its shares had been approved for listing on the Nasdaq Capital Market and expected to commence trading on April 30

** Las Vegas, Nevada-based GBFH has traded on over-the-counter (OTC) markets since 2021

** “Trading on the Nasdaq Capital Market culminates our efforts to provide shareholders with liquidity and consequential share value" - Executive Chairman Edward Nigro

** Likely inclusion in Russell index following Nasdaq listing could boost share price, according to brokerage Janney Montgomery Scott

** Lone analyst covering the stock rates it "strong buy" with $45 PT - data compiled by LSEG

** As of last close, GBFH stock down 8% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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Executive Chairman Edward Nigro</p><p>** Likely inclusion in Russell index following Nasdaq listing could boost share price, according to brokerage Janney Montgomery Scott</p><p>** Lone analyst covering the stock rates it \"strong buy\" with $45 PT - data compiled by LSEG</p><p>** As of last close, GBFH stock down 8% YTD</p><p> (Reporting by Arasu Kannagi Basil in Bengaluru)</p><p> ((ArasuKannagi.Basil@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GBFH","symbol_name":"GBank Financial Holdings Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250429:nL4N3R71WG:1","article_id":"2531689337","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531689337","pubTimestamp":1745942531,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-GBank Financial hits over 2-month high as Nasdaq listing beckons** Community lender GBank Financial's GBFH.PK shares rise as much as 3.9%, hitting their highest since early February** Stock last up 1.4% at $40.05** GBFH late Monday announced its shares had been approved for listing on the Nasdaq Capital Market and expected to commence trading on April 30** Las Vegas, Nevada-based GBFH has traded on over-the-counter  markets since 2021 ** “Trading on the Nasdaq Capital Market culminates our efforts to provide shareholders with liquidity and consequential share value\" - Executive Chairman Edward Nigro** Likely inclusion in Russell index following Nasdaq listing could boost share price, according to brokerage Janney Montgomery Scott** Lone analyst covering the stock rates it \"strong buy\" with $45 PT - data compiled by LSEG** As of last close, GBFH stock down 8% YTD  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GBFH":"GBank Financial Holdings Inc."},"translate_title":"BUZZ-GBank Financial在纳斯达克上市之际触及两个多月高点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GBFH":0.9},"content_text":"BUZZ-GBank Financial hits over 2-month high as Nasdaq listing beckons** Community lender GBank Financial's GBFH.PK shares rise as much as 3.9%, hitting their highest since early February** Stock last up 1.4% at $40.05** GBFH late Monday announced its shares had been approved for listing on the Nasdaq Capital Market and expected to commence trading on April 30** Las Vegas, Nevada-based GBFH has traded on over-the-counter (OTC) markets since 2021 ** “Trading on the Nasdaq Capital Market culminates our efforts to provide shareholders with liquidity and consequential share value\" - Executive Chairman Edward Nigro** Likely inclusion in Russell index following Nasdaq listing could boost share price, according to brokerage Janney Montgomery Scott** Lone analyst covering the stock rates it \"strong buy\" with $45 PT - data compiled by LSEG** As of last close, GBFH stock down 8% YTD (Reporting by Arasu Kannagi Basil in Bengaluru) ((ArasuKannagi.Basil@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}