Nasdaq to Suspend GoHealth Trading June 16 Following Final Delisting Notice
GOCO is trading near its 52-week low of $0.287 (14% above the low) on elevated volume (7.7× avg).
Summary
GoHealth received a final delisting notice from Nasdaq, with trading of its Class A common stock set to be suspended on June 16, 2026. This definitive action follows the company's Chapter 11 bankruptcy filing earlier this month, which outlined a plan to cancel most existing equity. An initial delisting notice was issued in March due to the company failing to meet Nasdaq's minimum market value requirement. The delisting confirms the end of the company's public trading on the exchange, reflecting its severe financial distress.
At the time of this announcement, GOCO was trading at $0.33 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $9.2M. The 52-week trading range was $0.29 to $7.12. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.