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Industry: Email Alert RSS FeedObjectShare in Danger of Nasdaq De-Listing
Computergram International, March 30, 1999
ObjectShare Inc, the Irvine, California-based provider of Java and Smalltalk tools, says it is in danger of having its stock de-listed from the Nasdaq market. The financially troubled company says it has a hearing set for May 6 with Nasdaq officials to discuss the company's future on the exchange.
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The shares haven't traded over $1 in weeks and closed Monday at just $0.4375, down $0.0625 and well off the 52-week high of $5.25 from which they have been steadily declining for the past 11 months or so.
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