The Nasdaq stock market has de-listed the shares of online marketer HealthCentral, based in Emeryville, CA, according to Reuters. Nasdaq took this action primarily because the company could not maintain a market value of at least $5 million for 41 consecutive trading days. Shares of HealthCentral, which markets through its Web sites www.vitamins.com, www.HealthCentral.com, www.RxList.com and others,
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The Nasdaq stock market has de-listed the shares of online marketer HealthCentral, based in Emeryville, CA, according to Reuters.
Nasdaq took this action primarily because the company could not maintain a market value of at least $5 million for 41 consecutive trading days.
Shares of HealthCentral, which markets through its Web sites www.vitamins.com, www.HealthCentral.com, www.RxList.com and others, will now be traded on Nasdaq's SmallCap Market, effective Sept. 21, as long as the company has at least $2.5 million in shareholder equity.
