RadioShack Slips To Below $1 Per Share

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RadioShack Slips To Below $1 Per Share

by Wochit 0:42 mins

RadioShack Slips To Below $1 Per Share

by Wochit 0:42 mins

RadioShack's stock is trading below $1 per share for the first time in its history — and has the investment world wondering if it will eventually be delisted. Shares of RadioShack Corp. slid 10 cents, or 9.6 percent, to 93 cents in Friday afternoon trading. The New York Stock Exchange could delist the stock if it closes below $1 per share for 30 consecutive trading days. The stock is well below its all-time high of $79.50 set in December 1999.

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