FurnitureCore
Search Twitter Facebook Digital HFBusiness Magazine Pinterest Google
Advertisement
Ad_EMarketPreview

Get the latest industry scoop

Subscribe
rss

Daily News

From Home Furnishing Business

Stanley Stock Back in Compliance with NASDAQ Rules

The NASDAQ stock market has notified Stanley Furniture (NASDAQ: STLY) that its stock is now in compliance with NASDAQ rules and won’t be subject to de-listing.

In February, the market had threatened to de-list Stanley’s shares because they traded below $1 per share for 30 consecutive business days. However, the price stayed at or above $1 for 10 consecutive business days in late April and early May, so the exchange notified the company the matter had been closed. 

Stanley’s stock closed Thursday at $1.05 per share.



Comments are closed.
Performance Groups
HFB Designer Weekly
HFBSChell I love HFB
HFB Got News
HFB Designer Weekly
LinkedIn