Leap Wireless To Be Delisted
Things certainly aren’t looking good for Leap Wireless these days. After suffering recent cutbacks, it seems that Leap couldn’t do enough to push its stock up to reasonable levels and have been informed that they will be delisted from the Nasdaq next week. There is (of course) the obligatory quote about how this won’t affect their operations, but it certainly makes them a less credible investment, making it more difficult to raise money in the future (not that it would have been particularly easy anyway).