$5.00 To be listed National Market (NASDAQ) Initial Minimum Bid...

$5.00 To be listed

National Market (NASDAQ)

Initial Minimum Bid Price for Stock: The stock must have a minimum initial bid price of $5.00, and must later remain at or above $1.00.

Once a stock is listed, its price is determined by public trading on the NYSE floor, where bids to buy and offers to sell are matched. The stock's price fluctuates as investors assess its worth. NYSE stocks must maintain a minimum price of $1 per share.