Tuesday, February 24, 2009

Blue Chip Blood Bath

"Down, down down. Would the fall NEVER come to an end! 'I wonder how many miles I've fallen by this time?' She said aloud. Alice's Adventures in Wonderland

So far, Bloomberg reports, that the New York Stock Exchange may have to "temporarily ease" the requirement of Listed Company Rule 802.01C that all listed company stocks trade above ONE DOLLAR.

Far enough that many of the companies in the S&P 500 wouldn't be eligible for the list because they have insufficient market capitalization (via Bespoke Investment Group).

No comments:

Post a Comment