Grubb & Ellis Out Of Compliance With Nyse

Grubb & Ellis (NYSE: GBE) has said it has been notified that the commercial real estate brokerage is out of compliance with the New York Stock Exchange’s listing standards, according to media reports. The stock exchange requires a minimum $1-per-share average closing price for 30 straight days. The Santa Ana, Calif.-based firm has six months to fix the issue. The news comes weeks after Grubb & Ellis announced it was exploring the possibility of selling the company. Last year, Grubb & Ellis reported a net loss of...

Topics:  ellis nyse   gbe    york stock exchange s   santa ana   calif   grubb    ellis   compliance   

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News