Heading to the OTC? Maybe Not, But Several Stocks Receive Delisting Warnings
When the market took its big tumble nearly two years ago, most stocks have found their way back to at least regain a good portion of their losses. Others have continued the struggle despite some periods of recovery. June saw a host of notable companies receiving delisting warning notifications from the Nasdaq. Eight of those companies are listed below with some commentary on their present position. It is important to note that companies have 180 days to comply and that companies are entitled the right to appeal delisting. Other companies that list on the higher tiers of the Nasdaq exchange…