NEW YORK: Medialink's stock price dropped to under one dollar last week, reaching its lowest price in company history.
At one point Friday morning, the broadcast and multimedia PR firm's stock price was listed around 95 cents, and Thursday, May 22, the official close price was 92 cents; its lowest close in history. It closed Friday at $1.07. NASDAQ rules require companies to maintain a minimum closing bid of $1 per share. Failure to do so for 30 consecutive business ...