Germany began observing daylight saving to conserve fuel during World War I. The U.S. went through a lot of back-and-forth regarding daylight saving. The practice was adopted in 1918, abolished for unpopularity after WWI and reinstated during WWII â at this time it was called War Time and took place year round.
After its stock traded below $1 for 30 consecutive days Molycorp (MCP) received a delisting notice from the NYSE on December 30, 2014. An average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month.
For the company to gain compliance in May or June, its stock must be at $1 or above on the last trading day of the month. It must have an average price of at least $1 over the previous 30 day trading period. MCP currently trades at $0.88. The following chart shows MCP's share price over the last 30 day trading period: