Good News Today for WPT EnterprisesWPT Enterprises Complies Once More with Nasdaq Listing Requirements |
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WPT Enterprises, the company that owns the WPT television series, today announced it has been notified by the Nasdaq Stock Market that it once more complies with the $1.00 per share minimum closing bid price requirement.
Its shares had previously dropped below this, largely due to a harsh economic climate, but things are looking up again for the company, as on Jun. 30 of this year, the closing bid of its stock was $1.00 per share or more, and continued to be so for at least 10 consecutive trading days.
This upward trend is anticipated to continue with the help of various new locations added to the World Poker Tour, such as Morocco and Slovakia.