POSTED: 12:33 p.m. HST, Mar 01, 2012
Hawaiian Telcom said it received approval to transfer its stock listing to the Nasdaq Global Market from the Nasdaq Capital Market effective today.
Shares will continue to trade under the HCOM ticker symbol.
“We are very pleased to have met the tougher listing standards of the NASDAQ Global Market,” said Eric Yeaman, Hawaiian Telcom’s president and chief executive officer. “We believe that the transfer to the Global Market will further increase our stock exposure and improve our trading liquidity.”
Hawaiian Telcom’s shares closed up 23 cents, or 1.5 percent, at $15.95.