Baijiayun Group Ltd, a one-stop AI video solution provider, has announced that it received a delisting notification from Nasdaq. The company was found to be non-compliant with Nasdaq's Minimum Bid Price Requirement. The closing bid price for Baijiayun's Class A ordinary shares was below the minimum requirement.

The after-market session on Thursday witnessed movement in 12 information technology stocks. ARB IOT Group (ARBB) saw its stock increase by 19.4% to $0.82, taking the market value of their outstanding shares to $21.7 million. AuthID (AUID) shares increased by 10.12% to $6.96, with a market cap of $76.0 million. Intrusion (INTZ) shares rose by 7.89% to $1.23, and its market cap now stands at $24.1 million. Braze (BRZE) shares also increased by 7.22% to $39.35, and its market cap is $4.0 billion.

Baijiayun Group (NASDAQ: RTC) has seen a significant drop in its short interest, with a 75.81% decrease since the last report. Presently, only 0.3% of its shares are sold short. This decrease indicates a potentially bullish sentiment among investors.

As a financial

1) Brief Summary: The company is experiencing a significant downward trend with a monthly performance of -49.33%, a quarterly performance of -94.34%, an average 200-day simple moving average (SMA200) of -95.87%, and a massive negative return on equity (ROE) of -110.91%. This is coupled with a high insider ownership of 60.90% and a low institutional ownership of 0.02%, which may indicate a lack of confidence from institutional investors. The company also seems to have negative sales growth both in the last quarter and year-over-year. The relative strength index (RSI) is low at 23.74, indicating the stock may be oversold. 2) MARKET_SCORE: 15

: Given the downward trend, the likelihood of an upward move seems low. 3) PRICE_TARGET: $0.32

: Considering the current price of $0.2128 and the 30-day high of $0.428, a 50% increase would set the price target at $0.32. However, given the company's poor performance, this target seems optimistic. 4) AI_RPT_HEADLINE: "Company's Struggle Continues Amid Downward Performance and Low Confidence."

As a financial analyst, my choice would be X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes. This is because these filings provide a comprehensive view of a company's financial health and operational risks, which can significantly impact the accuracy and reliability of my analysis.

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