Ability: Plummets after getting delisting determination from Nasdaq
16/07/2018 11:55
** U.S.-listed shares of Israeli interception and cyber
security tools provider ABIL.O plunge ~24 pct to $5.42 in
premarket trading
** ABIL top pct loser among U.S. stocks trading premarket
** Says it received a delisting determination from Nasdaq
because ABIL did not meet its July 11 deadline to regain
compliance with the exchange urn:newsml:reuters.com:*:nGNX9WpFpw
** ABIL would be subject to delisting on July 23 unless it
requests a hearing; Co intends to request a hearing for a
further extension of time
** More than 8.6k shares exchange hands, among most actively
traded stocks premarket
** As of Friday's close, ABIL shares have gained 61 pct this
year
(Reporting by Shreyashi Sanyal in Bengaluru)
((RM: Shreyashi.Sanyal.thomsonreuters.com@reuters.net))
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