How long can a stock remain at below $1 before de-listed at NASDAQ exchange?
Posted by admin on 18 April, 2010
1 comment so far
This item was filled under [ NASDAQ ]
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
Leave a Comment
Blog Subscription
Subscribe via RSS Feed stay updated with blog articles
Travel On-Line Booking
Categories
Recent Comments
- JACKtheRIPP3R189 on Obama Finally Fights Hard! There is Hope!
- GoogleVideoMan on Obama Finally Fights Hard! There is Hope!
- SupremePenguinTone on Obama Finally Fights Hard! There is Hope!
- alaskablows on Obama Finally Fights Hard! There is Hope!
- alaskablows on Obama Finally Fights Hard! There is Hope!
-
Recent Posts
Tag cloud
Place anything here!
about the author
I am a WordPress designer and developer. I like to create themes for the world! This space can be used as introduction text to yourself. You can also disable it from Theme cotnrol panel.
One Comment on “How long can a stock remain at below $1 before de-listed at NASDAQ exchange?”
On the Nasdaq, the delisting process is set in motion when a company trades for 30 consecutive business days below the minimum bid price of $1 (or below the minimum market cap of $5 million). At this point, Nasdaq’s Listing Qualifications Department will send a deficiency notice to the company, informing it that it has 180 calendar days to get up to standard regarding the minimum bid price listing requirement of $1.
The NYSE also has a $1 minimum share price requirement and a 6 months compliance period, see the two examples below.