InfoSpace shares face possible Nasdaq delisting
Wireless Internet software and applications provider InfoSpace recently received notice that the Nasdaq Stock Market would delist its shares if its stock price does not improve and trade at or above one dollar for at least 10 days straight in the next 90 days.
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On Friday the company’s stock closed at 51 cents a share. InfoSpace stock has not closed above one dollar a share since May 20.
--Kelly Carroll, Staff Writer
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© 2012 Penton Media Inc.
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