AnaiAnai
:
It is worth less than that. Delisted soon when below 1.00?
In the U.S. stock market, if a company's stock price falls below $1.00 and remains there for an extended period, it may be at risk of being delisted, particularly from the major exchanges like the New York Stock Exchange (NYSE) or the NASDAQ. Each exchange has its own rules and grace periods for such situations.
For example:
1. **NASDAQ:** If a company's stock closes below $1.00 for 30 consecutive business days, NASDAQ will typically issue a delisting notice. The company is then given 180 calendar days to bring its share price back above $1.00 for at least 10 consecutive business days to regain compliance.
2. **NYSE:** Similarly, the NYSE requires that a company's average closing price remains above $1.00 over a 30-day trading period. If it falls below, the company usually has six months to regain compliance.
If the company fails to meet these requirements within the given time frame, it could be delisted from the exchange and might move to an over-the-counter (OTC) market, where trading is less regulated.
AnaiAnai : It is worth less than that. Delisted soon when below 1.00?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
In the U.S. stock market, if a company's stock price falls below $1.00 and remains there for an extended period, it may be at risk of being delisted, particularly from the major exchanges like the New York Stock Exchange (NYSE) or the NASDAQ. Each exchange has its own rules and grace periods for such situations.
For example:
1. **NASDAQ:** If a company's stock closes below $1.00 for 30 consecutive business days, NASDAQ will typically issue a delisting notice. The company is then given 180 calendar days to bring its share price back above $1.00 for at least 10 consecutive business days to regain compliance.
2. **NYSE:** Similarly, the NYSE requires that a company's average closing price remains above $1.00 over a 30-day trading period. If it falls below, the company usually has six months to regain compliance.
If the company fails to meet these requirements within the given time frame, it could be delisted from the exchange and might move to an over-the-counter (OTC) market, where trading is less regulated.
Winner takes all OP AnaiAnai : this is basic 101,