SelectQuote receives NYSE notice over stock price

SelectQuote Insurance Services said it received a notice from the New York Stock Exchange after its shares traded below $1.00 on average over 30 consecutive trading days, putting it out of compliance with listing standards.

The company has a six month cure period to regain compliance and said it plans to monitor its stock price and take necessary actions. Shares will continue trading on the NYSE during this period.

SelectQuote recently reported second quarter results and highlighted a $415 million credit facility extending debt maturities to 2031, alongside projected fiscal 2026 operating cash flow of $25 million to $35 million.