8 Penny Stocks Get Delisting Warning
Closing Price: 71 cents (June 29)
Six-Month Stock Performance: -21.1%Received Nasdaq Notice: June 16 Management's Expected Action: The medicine and aesthetic products maker has until Dec. 13 to regain compliance with the Nasdaq's listing rule, and Dynatronics' management says it is confident the company can meet the minimum bid requirement. "Despite our positive growth in sales and profits over the past six quarters, we have been negatively affected by the recent volatility in the stock market," Dynatronics Chairmain and President Kelvyn Cullimore said in a recent statement. "While there is little we can do about market volatility, we can focus our efforts on the things we can control, such as accelerating the rate of improvement in operations and profitability."
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