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You'll get delisted from the NYSE if you fall below $1/share or below a certain market cap for more than 30 consecutive trading days. Being delisted is general
by wgerard 8y ago
You'll get delisted from the NYSE if you fall below $1/share or below a certain market cap for more than 30 consecutive trading days.
Being delisted is generally a very bad sign, and it becomes much harder for shares to get traded.
- planteen 8y agoThis is correct. To add to this, you will sometimes see companies attempt to avoid delisting by reverse stock splits (e.g., 10 old shares become 1 new share).