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| Charter Communications Charter is the fourth largest cable operator in the U.S. As of 9/2005 it had nearly 6.0 million subscribers. Its largest shareholder is Paul Allen (of Microsoft fame). |
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May 14th, 2008, 08:29 PM
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| Charter Regains Nasdaq Compliance Stock Trades Above $1 For 10 Straight Days By Mike Farrell -- Multichannel News, 5/14/2008 10:05:00 AM Charter Communications said Wednesday that it has received notice from the Nasdaq Global Select Stock Market that it is compliant with the minimum pricing standard of the exchange. Charter regained compliance on May 12, the 10th consecutive business day the company’s stock closed at or above $1 per share. Charter received a notice from the exchange on April 14, after its stock had traded under the $1 benchmark for more than 30 consecutive business days. According to Nasdaq rules, Charter had 180 days to regain compliance, which is basically satisfied when the stock traded at or above $1 per share for 10 straight trading days. Advertisement
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