Babcock & Wilcox Enterprises (BW) said late Thursday that it received a notice from the New York Stock Exchange over its noncompliance with the minimum share price requirement.
The average closing price of its shares was below $1.00 over a consecutive 30 trading-day period, the company said. It has six months to regain compliance with the listing standards.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.