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by pluies 1280 days ago
It seems to be exchange-specific, I assume the main reason for this article is:

> For example, on the New York Stock Exchange (NYSE), if a security's price closed below $1.00 for 30 consecutive trading days, that exchange would initiate the delisting process.

It can be avoided via a "reverse stock-split", which seems to be easy enough to get approved (no owners of the stock want to be delisted!), so nothing hugely dangerous... But it's not a good sign for you company's general health I guess.