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Economy

left-of-center2012

(34,195 posts) Wed Oct 24, 2018, 03:55 PM Oct 2018

Sears stock delisted from Nasdaq

Sears reached another dismal milestone on Wednesday: Its stock got delisted.

The 125-year-old company, which filed for bankruptcy protection on Oct. 15, had been trading below $1 on the Nasdaq for 30 consecutive days, which triggered the delisting.

Its final price was 36 cents a share

If it wants to get its Nasdaq listing back, Sears has 90 days to get its shares back above $1, and it must keep them there for 10 consecutive days.

https://nypost.com/2018/10/24/another-sears-death-knell-stock-delisted-from-nasdaq/

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Sears stock delisted from Nasdaq (Original Post) left-of-center2012 Oct 2018 OP

That makes me sad, very sad. BigmanPigman Oct 2018 #1

BigmanPigman

(51,609 posts)

1. That makes me sad, very sad.

Reply to left-of-center2012 (Original post)

Wed Oct 24, 2018, 04:37 PM

Oct 2018

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