Nasdaq's $1 Warning: Most Companies Stay Listed, Most Shares Fall
- On May 28, 2025, Nasdaq told Opendoor (OPEN $1.90 -0.52%) that its shares had closed below $1.00 for 30 business days in a row.
- The company did what most companies in that position do: it called a special meeting to ask shareholders for permission to do a reverse split.
Unverified
- On May 28, 2025, Nasdaq told Opendoor (OPEN $1.90 -0.52%) that its shares had closed below $1.00 for 30 business days in a row.
- The company did what most companies in that position do: it called a special meeting to ask shareholders for permission to do a reverse split.
Sources: Equibles