Higher Ed Dive | Distance-Educator/2U
The company’s stock value has dropped below $1 per share for 30 straight business days, putting it out of compliance with Nasdaq’s Global Select Market’s requirements. As of Monday, the stock price closed at $0.32. To remain listed on Nasdaq, the company must boost its closing share price to $1 or more for 10 business days in a row. It has until Sept. 10 to comply.