Harris Interactive has been told it can continue trading on the NASDAQ stock exchange, after achieving the necessary share price of $1+ for more than ten consecutive days.
In February, NASDAQ granted Harris a further four months to raise its share price above the $1 threshold. This followed a warning last June about a possible delisting after the price fell below.
The same problem occurred in September 2009, when NASDAQ gave Harris 180 days to increase its share price - on this occasion, the firm regained compliance more quickly, by December 2009.
Harris began trading today at $1.32 on the Global Select Market, and NASDAQ has said the matter is now closed.
Web site: www.harrisinteractive.com .
All articles 2006-21 written and edited by Mel Crowther and/or Nick Thomas unless otherwise stated.