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by velodrome 3146 days ago
No, it will get delisted from the exchange at $1.

https://finance.zacks.com/nasdaq-delisting-rules-7450.html

I think Blue Apron (APRN) listed too early. It's currently at $3 (from $10 at IPO).

By the way, why would you take financial advice from someone who spends 5 seconds thinking about your investment idea.

"Bear Sterns is fine!" @ $60 -> $4 (3 days later)

https://www.youtube.com/watch?v=-6u1kG7yuy4

1 comments

There is whole movie based on Jim Cramer Bear Sterns episode, Money Monster (2016).