Hercules Offshore gets Nasdaq delisting warning – HBJ

Houston-based Hercules Offshore Inc. (Nasdaq: HERO) could soon lose its stock market listing if the financially struggling offshore driller fails to turn things around.

Hercules disclosed that on March 25 it received a letter from Nasdaq warning that it risked delisting after its stock value sat below the minimum $1 per share requirement for more than 30 consecutive business days.

via Hercules Offshore gets Nasdaq delisting warning – Houston Business Journal.

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