Nasdaq is proposing a crackdown on penny stocks to make it harder to escape delisting – Markets Insider

Nasdaq is considering implementing stricter regulations on penny stocks in order to prevent companies from easily avoiding delisting. This proposed crackdown aims to make it more challenging for these low-priced stocks to remain listed on the exchange. The goal is to ensure that companies meet certain standards and criteria in order to maintain their listing status on Nasdaq. This move by Nasdaq is part of their efforts to maintain the integrity and reputation of the exchange.