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Bid Price |
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Bid price This is the quoted bid, or the highest price an investor is willing to pay to buy a security. Practically speaking, this is the available price at which an investor can sell shares of stock. Related: Ask, offer. Bid Price On an exchange, the highest price a buyer of a security or other asset is willing to pay. This may or may not match up with the ask price ? the highest amount for which a seller is willing to sell. Practically, however, the bid price is the highest price a seller can command for his/her security or asset unless he/she is willing to wait for a better one. This is especially true of illiquid securities and assets for which a buyer may not always be readily available. See also: Bid-ask spread, Current price. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Tripos' total shares outstanding less any shares held by officers, directors or beneficial owners of 10 percent or more) of at least $5,000,000 as required for continued listing on the Nasdaq Global Market (formerly the Nasdaq National Market) under Marketplace Rule 4450 (a)(2), and (ii) its bid price has closed below the minimum $1 per share ("Minimum Bid Price") requirement for continued inclusion under Marketplace Rule 4450(a)(5). NASDAQ:DRRA) today announced it has received a letter from The Nasdaq Stock Market notifying the company that, for 30 consecutive business days, the bid price of the company's Class A common stock closed below the minimum $1. Listing Qualifications Staff that the Company has failed to comply with the minimum bid price requirement for continued listing set forth in NASDAQ Marketplace Rule 4310(c)(4) due to the Company's failure to maintain a minimum bid price of $1. |
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