Understanding the Delisting of Stocks
Stock Delistings- here are some facts-To stay listed on the Nasdaq, a stock must meet these requirements-1. Share price of at least $12. Have at least 400 shareholders3. Shareholder equity of at least 10 millionORmarket value of at least $50 millionORtotal assets and total revenue of at least $50 million each.4. SEC compliance on filing…