Nasdaq to Delist Bankrupt Hercules Offshore

摘要

Just two weeks after it filed for Chapter 11 bankruptcy protection, drilling contractor Hercules Offshore this week received notice that its shares would no longer be listed by the Nasdaq stock exchange. The Houston - based company was first warned in March that it was at risk of being delisted after its stock price slipped below $1 per share for 30 - straight trading days.