Quantum sidesteps NYSE delisting with reverse stock-split move

Data protection and multi-tier file management supplier Quantum is escaping a delisting threat from the New York Stock Exchange with a 1:8 reverse stock split. The company’s shares had not traded at the minimum required average closing price of $1.00 for 30 consecutive trading days when NYSE issued the delisting threat letter …

[amanfromMars 1]

Caveat Emptor

Is anyone else realising ...... Polishing the turd still leaves you holding a shit.