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The NASDAQ exchange listing requirements state that a company's stock price must remain above $5 or ...

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The NASDAQ exchange listing requirements state that a company's stock price must remain above $5 or ...

The NASDAQ exchange listing requirements state that a company's stock price must remain above $5 or else the company is considered a Penny Stock. RoadKill Restaurants Inc. is listed on the NASDAQ and is currently trading for $5.10. What should RoadKill do to raise its price? (Ignore any information signaling effects of these actions.)

▸ A stock split

▸ A reverse stock split

▸ A cash dividend

▸ A stock repurchase

▸ A stock dividend

Textbook

Corporate Finance Online

Edition: 2^nd

Authors: Eakins, McNally

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You make an excellent tutor!

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