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Following several adverse rulings issued by the United States District Court in Utah, SCO's stock value dropped to under $1. On April 27, 2007, NASDAQ served notice that the company would be delisted if SCO's stock price did not increase above $1 for a minimum of 10 consecutive days over the course of 180 business days, ending October 22, 2007.
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities.
On June 16, 2017, the company that remained after Verizon Communications purchased the core Internet businesses of Yahoo! Inc. was renamed Altaba Inc. The new company, listed by the Securities and Exchange Commission as a "non-diversified, closed-end management investment company," [7] [32] immediately began trading on NASDAQ under the ticker symbol AABA.
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Commemorative plaque celebrating twenty years in business for Santa Cruz Operation, listing important milestones along the way. The Santa Cruz Operation, Inc. (usually known as SCO, [1] pronounced either as individual letters or as a word) was an American software company, based in Santa Cruz, California, that was best known for selling three Unix operating system variants for Intel x86 ...
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A reverse stock split occurs on an exchange basis, such as 1-10. When a company announces a 1-10 reverse stock split, for example, it exchanges one share of stock for every 10 that a shareholder owns.
The SCO Group (often referred to SCO and later called The TSG Group) was an American software company in existence from 2002 to 2012 that became known for owning Unix operating system assets that had belonged to the Santa Cruz Operation (the original SCO), including the UnixWare and OpenServer technologies, and then, under CEO Darl McBride, pursuing a series of high-profile legal battles known ...