Deutsche Borse proposes tighter rules
Business Brief
Proposals call for companies whose average trading price falls under 87¢ for 30 consecutive days and whose market capitalization is under $17 million to be removed from the fast-growth segment.
Companies would still be allowed to trade outside the sector under the proposals, set to be implemented Oct. 1.
Move could affect several media stocks hovering around the 87¢ mark, including production and licensing entity Advanced Medien.
