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Nasdaq considers stricter delisting rules for penny stocks

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Nasdaq Nouvelles

Penny Stocks,Stock Splits,Stock Price

Nasdaq requires companies listed on its exchanges to maintain a closing price above $1. Penny stocks typically sell for less than $1 a share. If the...

- Nasdaq is proposing amendments to its rules pertaining to penny stocks to put a faster, more stringent delisting process in place for non-compliant companies, according to a filing posted on the exchange operator's website on Thursday.

Some companies, usually those in financial distress or experiencing prolonged operational downturns, have been observed to engage in a pattern of repeated stock splits, according to the filing, made on Tuesday. London has a world-leading theatre scene, offering everything from plays, musicals and comedy to immersive and family-friendly entertainment. In the West End, and beyond, you’ll find both beloved long-running shows and cutting-edge new work, featuring A-list actors alongside rising stars.SEATTLE, August 08, 2024--Leafly Holdings, Inc.

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