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However, closing Friday’s trading session at $1.99, CIDM’s stock is trading 14.6% below its 52-week high of $2.33. In addition, the company has recently received a notice from Nasdaq indicating its non-compliance with the Nasdaq Listing Rule. Moreover, even though CIDM’s investment in the leading entertainment platforms has attracted investors’ interest, weakening NFT enthusiasm could be concerning.
Here is what could influence CIDM’s performance in the upcoming months:
