Finance & Investing | General News | Capital Markets
Halcon Out of NYSE Compliance as Stock Dips Below $1.00
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Halcón Resources Corp. has received notice from the NYSE that its average price of its common stock has fallen below the NYSE's continued listing standard.
The NYSE requires that the average closing price of a listed company's common stock not be less than $1.00 per share for a period of 30 consecutive trading days.
Halcón intends to notify the NYSE of its intent to cure this deficiency, to the extent it becomes necessary.
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