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#1
06-29-2005, 09:29 PM
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Nasdaq Regulations Question
A requirement for a stock to get on the nasdaq is it must have a bid price of $5 for 90 consecutive days. If a stock was say sittin between $6-$7 for 85 days and it got sold down real hard one day and hit an intraday low of $4.95 only to jump back up that day and close at $6, would that reset the 90 days?
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