Germany began observing daylight saving to conserve fuel during World War I. The U.S. went through a lot of back-and-forth regarding daylight saving. The practice was adopted in 1918, abolished for unpopularity after WWI and reinstated during WWII â at this time it was called War Time and took place year round.
After its stock traded below $1 for 30 consecutive days Molycorp (MCP) received a delisting notice from the NYSE on December 30, 2014. An average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month.
Say an investor purchased 1,000 shares at $20 one year ago. The closing stock price is now $40. The investor decides to sell his shares to lock in a 100 percent return on his investment. A trader seeking to enter a trade notices that the closing stock price is significantly lower than it's been over the last two days.