Waitr faces possible delisting by Nasdaq exchange, stock drops below $1

Louisiana News

LAFAYETTE, La. Food delivery company Waitr has been told by the Nasdaq stock exchange that the company’s stock faces possible delisting

The Advocate reports Waitr’s stock price has been below $1 a share for 30 consecutive business days.

The company has 180 days, or until June second, 2020, to regain compliance.

Waitr is based in Lake Charles and has operations in Monroe.

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