Jones Energy Inc. (NYSE: JONE) said Feb. 5 it has received notice from the New York Stock Exchange (NYSE) on February 1, 2018 that it has regained compliance with the NYSE’s continued listing standards.
In December, the company received a deficiency notification from the NYSE because the company’s average closing price per share of Class A common stock over the previous 30 trading days was below $1.
Jones Energy has cured its deficiency and regained compliance as of market close on January 31, 2018 because the price of the company’s Class A common stock was above $1 per share on the last trading day of January and was on average over $1 for the 30 trading days preceding January 31, 2018.
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