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Opinions Jim Cramer - Mad Money
Mitek SystemsMITKWEAK BUYNov 08, 2021
Jim Cramer - Mad MoneyStock price when the opinion was issued
As of Jun 18, 2026. Market Open.
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With continuing issues of being non-compliant and receiving a 'delisting determination' from the Nasdaq, we would continue to see this name as a hold. Momentum and earnings results have been improving, but the inability to comply and report in a timely manner is concerning and representative of a management team that is currently not executing well. We like the company's operations and its fundamentals, however, due to its non-compliance and notice that its 10-Q for the period ending December 31, 2023, which is due on February 9, 2024, will not be completed until its 10-K has been filed. Until these issues resolve, we would be comfortable holding the name.
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