What happens if a stock goes below $1?
I'm curious to know, what exactly happens when a stock's price dips below the $1 mark? Does it automatically get delisted from major exchanges? Are there any specific regulations or consequences that companies face when their stock falls to such low levels? Additionally, how does this affect investors who hold shares in the company? Is there a potential for a rebound, or is it a sign of deeper financial troubles? I'm eager to understand the implications and potential outcomes of a stock dropping below $1.