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Shares of Icoria Continue to Slide After Nasdaq s Delisting Notice

NEW YORK, June 24 (GenomeWeb News) - Shares of Icoria were down 8.7 percent at $.21 per share in mid-afternoon trading, one day after the company said it will lose its place on the Nasdaq Small Cap exchange for failing to maintain a stock price above $1.

 

As GenomeWeb News reported yesterday, Nasdaq's Listing Qualifications department sent the company a staff determination notice informing it that it would be delisted from the Small Cap exchange after the opening of business on June 30.

 

The exchange found the company had been delinquent in its obligation to maintain a stock price above $1, as per Marketplace Rule 4310(c)(4), the document said.

The Scan

Mosquitos Genetically Modified to Prevent Malaria Spread

A gene drive approach could be used to render mosquitos unable to spread malaria, researchers report in Science Advances.

Gut Microbiomes Allow Bears to Grow to Similar Sizes Despite Differing Diets

Researchers in Scientific Reports find that the makeup of brown bears' gut microbiomes allows them to reach similar sizes even when feasting on different foods.

Finding Safe Harbor in the Human Genome

In Genome Biology, researchers present a new approach to identify genomic safe harbors where transgenes can be expressed without affecting host cell function.

New Data Point to Nuanced Relationship Between Major Depression, Bipolar Disorder

Lund University researchers in JAMA Psychiatry uncover overlapping genetic liabilities for major depression and bipolar disorder.