FurnitureCore
Search Twitter Facebook Digital HFBusiness Magazine Pinterest Google
Advertisement

Get the latest industry scoop

Subscribe
rss

HFBNow! Daily News and Designer Weekly

Brought to you by Home Furnishings 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.







b i u quote


CAPTCHA image
Enter the code shown above in the box below.
Save Comment

Showing 0 Comment

EMP is here
The BOLD Summit
HFB Designer Weekly
HFBusiness Got News
HFB Pinterest
HFBusiness LinkedIN
Impact Report Store