Nasdaq May Get Rid Of $1 Delisting Level
from the let-'em-stay dept
As hundreds of technology companies that made it public are slowly getting delisted from the Nasdaq, they’re now thinking of changing the rules so that you don’t get a delisting notice for having your stock under $1 for 30 straight days. This would keep a large number of struggling companies from getting delisted. Of course, many of those companies shouldn’t be public anyway.
