Evergreen Energy is in danger of being taken off the New York Stock Exchange after it fell out of compliance during a month in which its shares languished below the 1 dollars mark. The Denver company, which hangs its hat on a yet-to-becommercialized coal-enhancement technology, was notified October 17 that its share price had fallen below compliance levels set by NYSE Arca, an electronic sister to the Big Board. Evergreen has six months to bring shares back above 1 dollars on a 30-day rolling average. In the meantime, the company's stock, EEE, has a postscript of BC for "below compliance" attached to its ticker symbol, a first step toward being delisted from the exchange.
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