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Is Babylon going to be booted off the New York Stock Exhange?

Startup Europe — The Sifted Podcast

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Is Babylon Going to Be Kicked Off at the Stock Exchange?

Babylon's shares in trading ate less than a dollar, the new york stock exchange rules means that it will actualy gt kicked out if they trade at that price for 30 consecutive trading days. One option for babylon is to do a thing called reverse stock split, which basically converts every share into a fraction of the share so that doesn't change the value of the company, but it does increase the share price. But one reason it might not want to stay public is that it's a fairly risky strategy. When companies list for the first time, it often gives them a whole lot of prestige. However, inger marson said to us that acd listing doesn't

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