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05-10-2023 12:02 AM
Qurate Retail, QVC and HSN's parent company, is in danger of being delisted from Nasdaq because its stock price has fallen below $1 for the past few months. It rebounded slightly today ($1.14) after a slightly better earnings report than the company has posted in recent history. The company has been hemorraging money with billion-dollar losses and hundreds of layoffs.
05-10-2023 12:25 AM
I hope it doesn't go the way of Bed Bath & Beyond.
05-10-2023 01:38 AM
Someone posted their quarterly results in QTalk.
It's just less bad than anticipated. They have lost $ for 5 straight quarters.
05-10-2023 06:26 AM
I would hate it if I had stock in the company. 😱 especially being close to retirement.
05-10-2023 06:31 AM
Hopefully the Qurate 401k participants have the option to select from a variety of investment options and not just company stock.
Those who were granted RSUs, well, they have to keep their fingers crossed.
05-10-2023 09:02 AM
I wish Qurate were the only company in serious financial trouble!
05-10-2023 09:26 AM - edited 05-10-2023 09:39 AM
Okay, I'm totally confused. I thought this "delisting" of Qurate stock already occurred a week ago per this post started by @THEY CallMe Mr Wilkes. Could someone enlighten me? Has it happened or not?? Thanks.
https://community.qvc.com/t5/Q-Talk/Qurate-Stock-Delisted/td-p/7961560
05-10-2023 09:31 AM
This "news" has caused me to lose sleep, my hair is falling out, and my teeth are loose........not to mention my DIGESTION
05-10-2023 10:04 AM
I hate hearing that and I'm not even sure what it this news entails.
Does this mean QVC on air could go down the tubes?
I buy from Q a little and also from Shop HQ. I never watch HQ -- don't even know if I get it, but I browse online all the time.
HSN hasn't been on my radar for over 15 years or so. I guess they're doing good?
I love Frontgate and also Garnet Hill (awaiting an order arrival today!).
Does that mean they will go down, too? I really wish they'd sell items from those two companies---I'd be tuned in all day, every day.
05-10-2023 11:13 AM
@pupwhipped I believe @AuntMame is reporting old news. Since then, QVC HAS BEEN DELISTED from NASDAQ.
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