SelectQuote avoids delisting by NYSE, even without planned stock split
SelectQuote Inc. stock has regained enough health to avoid delisting by the New York Stock Exchange — even without deploying a planned reverse stock split.
The Overland Park-based company (NYSE: SLQT) received notice from the NYSE on Wednesday that it had regained compliance with the exchange’s minimum stock price requirement, SelectQuote said in a Thursday release. As of Tuesday, the shares’ 30-day trading average had topped $1.
In October, the NYSE informed the insurance sales company it…