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Navios Maritime Holdings back in compliance with NYSE continued listing requirement

Photo of Sam Chambers Sam ChambersSeptember 2, 2016
3 Less than a minute

Navios Maritime Holdings is back in compliance with the New York Stock Exchange continued listing requirement of a minimum average closing price of $1 per share over a consecutive 30 trading-day period.

At the close of trading on August 31, 2016, the average closing price of the dry bulk company’s common stock for the previous 30 trading-days was above $1 per share. The share price has had a rollercoaster ride through 2016 to date.

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Photo of Sam Chambers Sam ChambersSeptember 2, 2016
3 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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