POSTED: 11:31 a.m. HST, Jul 1, 2011
LAST UPDATED: 11:51 a.m. HST, Jul 1, 2011
Hawaiian Telcom received approval today to list its shares on the Nasdaq Stock Market.
The move is expected to boost the trading volume of Hawaiian Telcom stock because the listing will make shares available to a wider group of investors.
The announcement filed with the Securities and Exchange Commission did not say when Hawaiian Telcom plans to begin trading on Nasdaq.
The company’s shares, which are currently traded over the counter, closed down 12 cents today at $25.62.