Overstock regains compliance with Nasdaq rules
By APTuesday, April 6, 2010
Overstock regains compliance with Nasdaq rules
SALT LAKE CITY — Overstock.com Inc. said it has regained compliance with the Nasdaq Stock Market’s requirements for filing regulatory documents.
The online retailer said late Monday it was notified by Nasdaq of a violation in November after filing its third quarter earnings report. The 10-Q filing wasn’t reviewed in accordance with certain accepted auditing standards.
But after it submitted a plan for compliance, Overstock.com said, Nasdaq granted an exception.
Shares of Overstock.com, based in Salt Lake City, were up $1.17, or 6.3 percent, to $19.85 in afternoon trading.
Filed under: Finance, Financial Markets, Stock Markets
Tags: North America, Salt Lake City, United States, Utah
Tags: North America, Salt Lake City, United States, Utah
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