Nasdaq unlikely to delist Apple

Despite Nasdaq's warning of delisting as a result of late quarterly earnings reports, Apple and more than a dozen other companies won't likely see removal from the ticker tape. Delisted stocks trade on the OTC Bulletin Board or have their prices quoted on unregulated "Pink Sheets," are far less liquid, and frequently see higher asking prices with lower selling prices, according to the Associated Press. Experts say larger companies are unlikely to be delisted, however. "The perception is that if you're big enough, like so many things, you are more or less in the driver's seat," said Maureen O'Hara, a professor of management at Cornell University's business school. Fannie Mae, which finances one of every five home loans in the United States, has failed to comply with New York Stock Exchange listing standards since 2004, and has yet to be delisted.

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