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Re: jrlinnovations1 post# 20011

Tuesday, 04/21/2015 11:16:20 AM

Tuesday, April 21, 2015 11:16:20 AM

Post# of 24233
https://usequities.nyx.com/listings/list-with-nyse/nyse-mkt-listing-standards

What are the rules behind the delisting of a stock?

The criteria to remain listed on an exchange differs from one exchange to another. On the New York Stock Exchange (NYSE), for instance, if a security's price closed below $1.00 for 30 consecutive trading days then the exchange would initiate the delisting process. Also, exchanges charge annual listing fees that companies must pay in order to stay listed.

http://www.investopedia.com/ask/answers/09/stock-delist.asp


"You can buy stocks that cost $1 or more per share on the New York Stock Exchange. Stock prices fluctuates throughout the trading day, and can be checked on the NYSE website. However, for a company to keep trading on the NYSE, it must meet the exchange’s minimum stock price rules. As long as a company’s stock price remains at or above $1, the shares keep trading on the exchange. However, if the price falls below $1 for too long, the company risks having its stock delisted."

http://classroom.synonym.com/happens-stock-falls-below-1-nyse-10639.html
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