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by pluies
1280 days ago
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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. |
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