Under McBride's leadership, SCO saw a surge in stock price from under $2 in March 2003 to over $20 just 6 months later. Following several adverse rulings issued by the United States District Court in Utah, SCO's stock value dropped to under $1. On April 27, 2007, NASDAQ served notice that the company would be delisted if SCO's stock price did not increase above $1 for a minimum of 10 consecutive days over the course of 180 business days, ending October 22, 2007.