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Stock Market & Financial Investment News

News Breaks
November 5, 2012
08:40 EDTDSCODiscovery Labs price target lowered to $7.50 from $10 at Roth Capital
Roth Capital reduced its target on Discovery Labs after the company announced a number of commercial delays. However, the firm remains comfortable with the company's business model and expects its stock to advance considerably. The firm maintains a Buy rating on the stock.
News For DSCO From The Last 14 Days
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July 1, 2015
07:37 EDTDSCODiscovery Labs notified by NASDAQ of minimum bid price requirement noncompliance
Discovery Laboratories received a letter from The Nasdaq Stock Market indicating that, because the company's common stock has not maintained a minimum closing bid price of $1.00 per share over the previous 30 consecutive business days, the company is no longer in compliance with Nasdaq's Minimum Bid Price Requirement Listing Rule. The company has until December 28 to regain compliance with the Requirement. If during the grace period, the company's common stock achieves a minimum closing bid price of at least $1.00 per share for a period of at least ten consecutive business days, the company will regain compliance with the Minimum Bid Price Requirement and its common stock will continue to be eligible for listing on the Nasdaq Capital Market. The company may be eligible for an additional grace period through June 27, 2016.

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