NYSE
Wall Street’s New Floor: NYSE Proposes $0.25 Minimum Price Rule to Purge ‘Penny’ Volatility
The New York Stock Exchange (NYSE) has taken a definitive stand against the rising tide of low-priced securities, formally proposing a new rule that establishes a "hard floor" of $0.25 per share for continued listing. Under the proposal, filed with the Securities and Exchange Commission (SEC) in