Ifresh Inc (NASDAQ:IFMK) stock Gains Further Momentum: What’s The Buzz?

If you are currently on the lookout for stocks that you could start tracking on Monday morning then you could do well to have a look at the Ifresh Inc (NASDAQ:IFMK) stock. This past Friday, the stock was in considerable focus among investors and ended the day with gains of as much as 22%.

 Although the gains made by the company are likely to bring the stock into focus among many investors, it is also important to keep in mind that there has been no news about Ifresh in recent days. Hence, the rally in the stock may be entirely speculative in nature.

Earlier on in the month, it emerged that the it emerged that the company had received a notice from NASDAQ with regards to the fact that Ifresh was no longer compliant since it had not filed its Form 10 K in relation to its financial results for the period ended on March 31, 2021.

The company failed to be compliant with the NASDAQ listing rule 5250(c)(1), which stipulates all companies to file their financial results on time with the United States Securities and Exchange Commission. Investors could consider keeping an eye on the news wires on Monday with regards to any fresh development regarding Ifresh.