REE Automotive Announces Receipt of Nasdaq Delisting Notice
Globe Newswire (Fri, 3-Jul 2:37 PM ET)
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REE Automotive Ltd is an automotive technology company focused on building commercial electric vehicles controlled fully by-wire. The company is in early stages of commercialization and develop and produce software-defined vehicle (SDV) technology that manages vehicle operations and features through proprietarily-developed software. The company has geographical preference in Israel, Germany, United States, United Kingdom, and other regions.
Ree Automotive Ltd. - Class A trades on the NASDAQ stock market under the symbol REE.
As of July 17, 2026, REE stock price was flat at $0.08 with million shares trading.
REE has a beta of 0.89, meaning it tends to be less sensitive to market movements. REE has a correlation of 0.01 to the broad based SPY ETF.
REE has a market cap of $2.24 million. This is considered a Sub-Micro Cap stock.
Last quarter Ree Automotive Ltd. - Class A reported $1 million in Revenue and -$1.74 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.22.
In the last 3 years, REE traded as high as $11.99 and as low as $.07.
REE has underperformed the market in the last year with a price return of -89.3% while the SPY ETF gained +19.5%. REE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -87.6% and -63.3%, respectively, while the SPY returned +4.9% and -0.2%, respectively.
REE support price is $.07 and resistance is $.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that REE shares will trade within this expected range on the day.