LookSmart Faces Delisting
Times might be rosy for the likes of Google and Yahoo, revenue-wise — but LookSmart’s having a tough time.
Investors Turn Cold Shoulder to LookSmart from ClickZ notes that the company’s stock has been under the $1 per share mark for more than 30 days. If shares don’t trade for
above that at least 10 of the next 180 days, he company will be delisted. Shares are at $0.80, when I looked today.
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