Dover Downs gets notice from NYSE after stock stays below $1

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Dover Downs
Dover Downs

Dover Downs Gaming & Entertainment, Inc. has been notified by the New York Stock Exchange that it must boost its stock price to avoid being de-listed.

The move was triggered after stock in the one-casino company fell below $1 for 30 days.

Under NYSE rules, Dover Downs has six months to comply.

The notice has no immediate impact on the listing of our common stock, which will continue to trade on the NYSE under the symbol “DDE” but will be assigned a “.BC” indicator by the NYSE to signify that it does not comply with listing standards.

 

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