AMCORE Financial, Inc. Receives NASDAQ Initial Notice of Minimum Bid Price Non-Compliance (PressMethod) - AMCORE Financial, Inc. (Nasdaq:AMFI - News) today announced that it received a notice from The Nasdaq Stock Market (NASDAQ) stating that because the minimum bid price of the Company's common stock was below $1.00 per share for 30 consecutive business days, the Company was therefore not in compliance with Nasdaq Marketplace Rule 5450(a)(1).
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Symbol Price Change
AMFI 0.53 +0.01
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The notification letter has no effect at this time on the listing of the Company's common stock on The Nasdaq Global Select Market and the Company's common stock will continue to trade under the symbol AMFI.
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