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Feb
25
Don?t Worry, GM: NYSE Defends Penny Stocks!
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Don?t Worry, GM: NYSE Defends Penny Stocks!
With shares of America’s auto titans General Motors (GM) and Ford Motor (F) trading these days in the $2 range, it’s nice to know New York Stock Exchange officials would like to relax the rule that stocks must be delisted if they trade below a dollar for 30 days. According to the Associated Press, the NYSE is considering asking the Securities & Exchange Commission to temporarily suspend the flexible stock-price rule. Both Ford and GM are trading way, way up today, but you never know what co
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