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Walter Shares Fall Below $1, NYSE Puts Company on Notice

Walter Shares Fall Below $1, NYSE Puts Company on Notice

As of July 13, the company received notice and is now subject to a six-month “cure period,” during which the company can regain compliance if its stock closes at $1 or above and maintains a 30-day average of at least $1. If it does not meet cure standards, per NYSE rules, it may face becoming delisted from the exchange. 

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