HFBNow! Daily News and Designer Weekly
Brought to you by Home Furnishings Business
Stanley Stock Back in Compliance with NASDAQ Rules
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.