YRC Worldwide will ask Nasdaq for more time on stock delisting decision

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YRC Worldwide will ask Nasdaq for more time on stock delisting decision

Posted on September 08, 2010

September 8, 2010: YRC Worldwide Inc. plans to ask Nasdaq stock market officials for additional time to avoid having its shares delisted.

The Overland Park-based freight hauler said in a securities filing Tuesday that it received notice from Nasdaq that it had failed to raise the share price of YRC stock to more than $1 by the Aug. 30 deadline to avoid being removed from the market. Shares closed Tuesday at 27 cents each.

Click here to read more at the Kansas City Business Journal.

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