INDIANAPOLIS—NASDAQ warned Emmis last month that it would be delisted from the exchange if the company's stock didn't rise above the $1 minimum for 10 days in a row; March 15 was the deadline.
The rebound began on Oct. 13, when shares closed at $1.14, up 24 cents from the day before. Prior to that, the stock hadn't closed above $1 in more than a year. It bottomed out at 24 cents in July.
Read Emmis stock closes at $1.53, avoids delisting