As the delisting deadline approaches, Astra investigates "potential illegal short selling." Looms

Astra, a manufacturer of spacecraft engines and small rockets, disclosed on Friday that it is investigating "potential illegal short selling."

The company stated that it engaged the financial software firm ShareIntel to assist with its investigation of "suspicious, abnormal, or unusual trading activity."

Last year, the Nasdaq issued a deadline of April 4 for Astra's delisting. The announcement arrive....