date:Sep 19, 2012
Jones Soda will be delisted from Nasdaq Stock Market beginning Thursday because its stock price has languished below $1 for too long.
The long-struggling Seattle-based soda-pop marketer said it will not request an appeal of that decision, as it has in the past.
The stock dropped a penny Monday to 40 cents a share. It has traded between 26 and 89 cents during the past year; the last time it traded above $1 a share was in summer 2011.
Delisting likely will mean less trading and, therefore, less