Pioneer Energy Services received a delisting warning from the NYSE because
its average closing price per share has been below $1.00 over 30 consecutive trading
days. PES has not closed over $1.00 since May 15, and the average as of June 11 was
$0.89 per share. PES closed at $5.85
on July 10 and still closed
at $4.95 on July 30 before it reported 2Q18 earnings and reduced its FY18 guidance,
which sent shares down by 33% in one day. Pioneer......
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