Advanta Corp. (ADVNB,ADVNA) said it received letter from NASDAQ Stock Market, LLC, indicating that the company is no longer in compliance with the continued listing requirements for The NASDAQ Global Select Market.
The company noted that its Class A and Class B common stock are separately deficient as a result of each having closing bid prices below the $1.00 minimum requirement for 30 consecutive business days.
Advanta stated that it could regain compliance related to this requirement on either or both stock classes before March 15, 2010. During the period, both classes of stock will continue to be listed and traded on the Global Select Market of NASDAQ.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.