ShippingWatch

Borr Drilling is allowed to keep listing on the New York Stock Exchange

Rig operator Borr Drilling has kept its share price above USD 1 for more than 30 days, and the company is thus allowed to remain listed on the New York Stock Exchange.

Photo: PR / Marine Money/Marine Money

Borr Drilling can keep its listing on the New York Stock Exchange after the company has been able to sustain a share price of above USD 1.

In May, the rig operator received a warning from authorities that the price had been below USD 1 for more than 30 days. If the price remains low for a long time, a company can be forced to de-list.

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

Related articles

Latest news

Jobs

See all

See all