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raze

"De-Listing" Dilapidated Homes

$30,000 Houses: Smarter to Raze than RestoreWhen the share price of a company traded on the New York Stock Exchange (“NYSE”) falls below $1, it faces the prospect of being dropped from trading (“delisted“). Presumably, the rationale is that such companies are in extremis, and, for the health of the broader market as well as...
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