With the Black Lives Matter movement and its hyperfocus on the African American consumer, Urban One shares skyrocketed in the summer of 2020. While values have receded since that big surge, they are still nearly four times the average price for UONE seen before June 1.
However, there’s a slight problem with Urban One, and the Nasdaq stock market has sent the company a notice that it needs to remedy it. Otherwise, it could face delisting.
