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Trusted Contributor
Posts: 1,166
Registered: ‎10-16-2010

Qurate In Danger of Being Delisted from Nasdaq

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.  

Honored Contributor
Posts: 44,503
Registered: ‎08-23-2010

Re: Qurate In Danger of Being Delisted from Nasdaq

 

I hope it doesn't go the way of Bed Bath & Beyond.

Esteemed Contributor
Posts: 5,868
Registered: ‎03-09-2010

Re: Qurate In Danger of Being Delisted from Nasdaq

Someone posted their quarterly results in QTalk.

 

It's just less bad than anticipated. They have lost $ for 5 straight quarters.

 

 

Honored Contributor
Posts: 9,013
Registered: ‎03-10-2013

Re: Qurate In Danger of Being Delisted from Nasdaq

I would hate it if I had stock in the company. 😱 especially being close to retirement. 

 

Esteemed Contributor
Posts: 5,403
Registered: ‎06-29-2016

Re: Qurate In Danger of Being Delisted from Nasdaq

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. 

Honored Contributor
Posts: 16,474
Registered: ‎03-09-2010

Re: Qurate In Danger of Being Delisted from Nasdaq

I wish Qurate were the only company in serious financial trouble! 

 

Respected Contributor
Posts: 4,532
Registered: ‎03-11-2010

Re: Qurate In Danger of Being Delisted from Nasdaq

[ Edited ]

Okay, I'm totally confused. I thought this "delisting" of Qurate stock already occurred a week ago per this post started by @They Call Me 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

Honored Contributor
Posts: 22,238
Registered: ‎03-13-2010

Re: Qurate In Danger of Being Delisted from Nasdaq

This "news" has caused me to lose sleep, my hair is falling out, and my teeth are loose........not to mention my DIGESTION

♥Surface of the Sun♥
Honored Contributor
Posts: 14,442
Registered: ‎03-09-2010

Re: Qurate In Danger of Being Delisted from Nasdaq

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.

 

 

Honored Contributor
Posts: 75,667
Registered: ‎03-10-2010

Re: Qurate In Danger of Being Delisted from Nasdaq

@pupwhipped    I believe @AuntMame  is reporting old news.  Since then, QVC HAS BEEN DELISTED  from NASDAQ.

New Mexico☀️Land Of Enchantment

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