LogicMark Stock (LGMK) Sinks 45% as Listing Changes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 02 2025
0mins
Source: TipRanks
Stock Performance and Delisting: LogicMark (LGMK) stock fell 45.65% after being moved to OTC Markets due to delisting from Nasdaq for failing to meet the $1 minimum price requirement, with a year-to-date drop of 99.23%.
Future Plans and Financial Status: The company is exploring options on OTC Markets and considering a return to a national exchange, while CEO Chia-Lin Simmons mentioned having $15 million at the end of Q1 to support strategic priorities.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
