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.

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...