That’s the question a curious FrontBurnervian asks. The answer is, hold your horses. The company has only been below $1 since March 2. Theoretically the average price of a NYSE company must remain above $1 for 30 days. If it doesn’t, the exchange notifies that company and gives it six months to meet the threshold. That’s plenty of time to merge classes of stock or do something else to get the price up, so it’s unlikely. That’s the good news. The bad news is today A.H. Belo was kicked off the S&P SmallCap 600 (it was # 600).
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