Elite Express Gains as Nasdaq $1 Rule Casts Shadow
Elite Express Holding Inc. shares edged higher during late-morning trading on the Nasdaq Friday. The gain was modest and volume stayed light, with the stock still stuck under the $1 minimum bid required by the exchange. Shares of the California last-mile delivery company traded at $0.5528 late, rising around 3.9% from the prior close. Volume was 9,183 shares. The session range so far is $0.5528 to $0.56, market data showed.