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Re: oldman69 post# 44618

Tuesday, 02/28/2023 1:58:12 PM

Tuesday, February 28, 2023 1:58:12 PM

Post# of 51509
I believe in their case it will be $4

Initial Listing

To qualify for listing on the NYSE, a company must have at least 400 shareholders, with at least 1.1 million shares available to the public and a market value of the public shares of at least $40 million. Each stock must have a minimum value of $4 at the time of listing.
Minimum Trading Price

Once a stock is listed, its price is determined by public trading on the NYSE floor, where bids to buy and offers to sell are matched. The stock's price fluctuates as investors assess its worth. NYSE stocks must maintain a minimum price of $1 per share.
Minimum Penalty

If a listed stock closes or ends the trading day below $1 for 30 consecutive days, it is a candidate for delisting or removal from NYSE trading. The NYSE typically suspends trading in the stock after the 30th day that it averages below $1 per share. This happened to Eastman Kodak in January 2012, when it fell toward bankruptcy.
Minimum Suspension

The NYSE at times has suspended its minimum price requirement. In 2009, for instance, it dropped the $1 per share minimum requirement from March through June due to a significant decline in trading prices of many listed companies.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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