Russian e-commerce giant to delist from US stock exchange ...News

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Russian e-commerce giant to delist from US stock exchange
Nasdaq halted trading of Ozon shares last year after sanctions were imposed on Moscow Russian e-commerce firm Ozon will voluntarily delist from the US-based Nasdaq stock exchange within weeks, the company announced on its Telegram channel. According to the firm’s statement, Ozon has already notified Nasdaq of its intention to remove its American Depositary Shares (ADS) from the exchange. “We have no grounds to believe that trading in securities will be restored here. Therefore, we did not wait for a formal delisting from Nasdaq and decided to leave the floor voluntarily, of which we notified the exchange earlier t

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