Optimum Communications gets NYSE notice after stock trades below $1 threshold
Reuters2026/08/14 20:30- Optimum Communications received an NYSE notice on Aug. 13, 2026 for failing the $1 minimum share-price listing standard.
- Non-compliance triggered by an average closing price below $1 over a consecutive 30-trading-day period.
- NYSE listing remains in place for now, subject to meeting other continued listing requirements.
- Six-month cure period runs to Feb. 13, 2027; compliance requires month-end close of at least $1 plus a 30-day average of $1.
- Failure to cure could lead to suspension and delisting; board may consider measures requiring shareholder approval if needed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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