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Autobytel (ABTL) Receives Notification from NASDAQ

September 18, 2009 8:07 AM EDT
ABTL Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Revenue Growth %: +4.4%
Autobytel Inc. (Nasdaq: ABTL) announced that it received a letter dated September 15, 2009, from The NASDAQ Stock Market, notifying Autobytel that during the preceding 30 consecutive business days, the closing bid price of Autobytel's common stock has been below the $1.00 minimum bid price per share required for continued listing on the NASDAQ Global Market under NASDAQ Listing Rule 5450(a)(1). This notification does not result in the immediate delisting of Autobytel's common stock from the NASDAQ Global Market.

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