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Borr Drilling gets warning for low share price in the US

Drilling company Borr Drilling, which is listed in the US, has received a warning from the New York Stock Exchange.

Photo: PR/Transocean

Norwegian drilling rig company Borr Drilling, which is listed in the US, has received a warning from the New York Stock Exchange, reports Bloomberg News.

The company's share price has dropped to a level of less than USD 1 on average through a period of 30 consecutive days. As such, Borr Drilling does not comply with the listing requirements, says the New York Stock Exchange.

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