StemCells (STEM - Get Report) shares have failed to close above $1 since June 28, although the stock has seen a recent spike in trading volume after a U.S. District Court injunction that stops an expansion of federal funding for research involving stem cells. The court ruled that research involving stem cells derived from embryos violates a 1996 law that prohibits research where embryos would be destroyed.
14 Penny Stocks Get Delisting Warning
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