A delisted stock can theoretically be relisted on a major exchange, but it's rare. The delisted company would have to avoid bankruptcy, solve the issue that forced the delisting, and again become compliant with the exchange's standards.
The rebound is not sound.
Hopefully we can't pull a denis rodman performance
Agreed there is no solid rebound and 2U is circling the drain. I wonder if they can do a reverse stock split to avoid being delisted. Doesn’t solve any of our problems or change the outlook but maybe buys a bit more time…
Don't worry, as Paul said in yesterday's email "Delivering improving results over the coming quarters is the best path to regaining the confidence of our investors and improving our share price."
That's it! Stop losing money. A plan as sound as whatever a "Platform Company" even means. Fear not! 2U will ride that $40 mil from USC in order to make the landing nicer for execs and the board,.... Severance for those getting cut in the next rounds.... It's a real 50/50....or, less than that maybe
Also, I wonder if the reason the board hasn't ousted Chip is because no one will want that job, not even someone on the inside whose drank so much of the koolaid they're basically the koolaid man....and if we tried to lure in an unknowing outsider, with what money???? Oh wait, maybe THAT'S where the termination contract funds will go