Daily News
From Home Furnishing Business
Stanley Stock Back in Compliance with NASDAQ Rules
May 19,
2017 by Larry Thomas in Economic News, Industry
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.