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[QUOTE]Originally posted by xHoRiZoNx33: [QB] Down 20% today. Needs to stay above $1.10 for at least one entire day to stay on the NYSE. Will it bounce soon? or bankruptcy next? Trading of BearingPoint stock on the New York Stock Exchange was halted after falling below $1.05 a share. The drop triggered the exchange's Sub-Penny Rule, which halts trading on any listed stock if it falls below $1.05 per share. BearingPoint stock remains listed on the New York Stock Exchange, but will not resume trading there until it has traded on at least one other automated trading center for at least one entire day at a price above $1.10 per share, according to the New York Stock Exchange's Sub-Penny Rule. The Sub-Penny rule was adopted by the exchange in March 2007. BearingPoint continues to trade on all electronic exchanges, including NYSE Arca. BearingPoint (NYSE: BE) stock fell more than 10 percent June 6 after the company disclosed its chief financial officer had resigned after less than a month on the job. Its stock is down more than 90 percent in the last 12 months. BearingPoint has not had a profitable quarter in three years. [/QB][/QUOTE]
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