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GrafTech International Faces NYSE Delisting Due to Low Stock Price

AinvestMonday, Apr 21, 2025 3:39 am ET
1min read

GrafTech International received a non-compliance notice from the NYSE due to its average closing stock price being less than $1.00 over a 30-day period. The company's stock price has fallen below the NYSE's minimum listing requirement, putting its continued listing at risk. GrafTech must now work to regain compliance with the NYSE's listing standards within a specified timeframe.

Title: GrafTech International Faces NYSE Compliance Challenge

GrafTech International Ltd. (NYSE: EAF), a leading manufacturer of high-quality graphite electrode products, has received a non-compliance notice from the New York Stock Exchange (NYSE). The notice, dated April 18, 2025, indicates that the company's average closing stock price was less than $1.00 per share over the consecutive 30 trading-day period ended April 14, 2025. This falls below the NYSE's minimum listing requirement, putting GrafTech's continued listing at risk.

The notice does not immediately delist GrafTech's common stock from the NYSE. Instead, the company has a six-month cure period to regain compliance with the NYSE's continued listing standards. To do so, GrafTech must achieve a closing share price of at least $1.00 and an average closing price of $1.00 over a 30 trading-day period ending on the last trading day of any calendar month during the cure period.

GrafTech is exploring various options to meet these requirements, including a potential reverse stock split, subject to stockholder approval. The company plans to remain listed on the NYSE and is considering all available options to return to compliance.

The non-compliance notice is not expected to impact GrafTech's ongoing business operations or its reporting requirements with the U.S. Securities and Exchange Commission (SEC). However, the company acknowledges that the notice and potential non-compliance could impact its results of operations, business operations, reputation, and the trading prices and volatility of its common stock.

GrafTech International Ltd. is a vertically integrated manufacturer of graphite electrode products, essential for the production of electric arc furnace steel and other metals. The company's unique position in the market provides it with competitive advantages in product quality and cost. GrafTech's stock price volatility and compliance with NYSE standards will be closely watched by investors and industry analysts in the coming months.

References:
[1] https://finance.yahoo.com/news/graftech-receives-continued-listing-standards-203000441.html
[2] https://seekingalpha.com/news/4432568-graftech-international-receives-non-compliance-notice-from-nyse

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Still_Air2415
04/21
Low stock price got them in hot water. Time to fix the fundamentals or it's a long haul to $TSLA territory.
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Orion_MacGregor
04/21
Low price, high risk: classic speculative play
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McLovin-06_03_81
04/21
NYSE throwing shade with that notice. Gotta pump the price or risk being a OTC darling.
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Electrical-Move-2145
04/21
@McLovin-06_03_81 Think they'll do a reverse split?
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krogerCoffee
04/21
If $GTF falls further, might be a solid short play. But always do the due diligence, folks.
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MCU_historian
04/21
$GTII might rebound, don't count out graphite.
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curiouscuriel
04/21
@MCU_historian You think $GTII could moon?
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Elichotine
04/21
Gotta love the volatility of $GTII, huh?
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daynightcase
04/21
Holding $GTII long, diamond hands till $5.
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Ok-Memory2809
04/21
Holding a small piece of $GTII. If they rebound, I might double down. High risk, high reward. 🤔
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A-B-1-0
04/21
@Ok-Memory2809 How long you been holding $GTII? You think they'll rebound soon or what?
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DaddyLungLegs
04/21
NYSE playing tough love. If GrafTech can't get its act together, $GTII might become a penny stock. Ouch.
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Conscious_Shine_5100
04/21
Low stock price got GrafTech sweating bullets. Delisting could mean big trouble. Time to buckle up and see if they can turn it around.
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kenton143
04/21
GrafTech gotta raise that stock price pronto or risk getting buried in penny stock land. Let's see if they've got game.
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JC-YNWA
04/21
@kenton143 Think they'll pull it off?
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spanishdictlover
04/21
Delisting risk = major red flag. I'm outta here unless they show serious upside potential. Can't afford the bag.
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Touma_Kazusa
04/21
@spanishdictlover How long you been holding EAF? You think they can bounce back or nah?
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Elibroftw
04/21
@spanishdictlover I hear ya, delisting's a bummer. I'm holding a small bag of EAF, but I'm not panicking. Might DCA a bit if they show promise.
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Ambitious_Orchid_239
04/21
NYSE threats? Just part of the game.
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