Submission + - SCO faces delisting from NASDAQ
drachenfyre writes: SCO has announced that they have received a letter of deficiency from NASDAQ as their stock price closed below $1 for 30 consecutive days. The letter was received on April 23rd and SCO waited 4 days before releasing it to the public, which is the maximum period allowed under NASDAQ rules. They'll be trading under a special symbol indicating the pending delisting (SCOXe). The clock is ticking.