Optimum Communications gets NYSE notice after stock trades below $1 threshold

Optimum Communications received an NYSE notice on Aug. 13, 2026, for failing the $1 minimum share-price listing standard.

Non-compliance was triggered by an average closing price below $1 over a consecutive 30-trading-day period.

The NYSE listing remains in place for now, subject to the company meeting other continued listing requirements.

A six-month cure period runs to Feb. 13, 2027. To regain compliance, the company must have a month-end close of at least $1 plus a 30-day average of $1.

If the company fails to cure the deficiency, it could face suspension and delisting. The board may consider measures requiring shareholder approval if needed.