14 Penny Stocks Get Delisting Warning

Updated:
09.02.10
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According to Robert Holmes, "U.S. stocks recorded their worst August performance in nine years, hurt by concern over a sagging economy. The Nasdaq bore the brunt of the decline, with a 6.2% slide, pushing 14 member companies closer to being booted from the stock exchange. All were notified in August that they are in violation of a rule that requires their shares to trade above $1. The companies now have less than six months to regain compliance."
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