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# SFXE Closes Week At 90¢ As Stock Delisting, Bankruptcy Loom
- URL: https://www.hypebot.com/sfxe-shares-fall-to-79-as-bankruptcy-stock-delisting-loom/
- Published: 2015-08-21T16:23:00.000Z
- Updated: 2015-08-21T16:23:00.000Z
- Description: After falling to as low at $.75 per share, stock in EDM giant SFX Entertainment closed Friday up slightly at $.90 per share. Traded on the New York Stock Exchange, SFXE. Continue reading [https://www.hypebot.com/hypebot/2015/08/sfxe-shares-fall-to-79-as-bankruptcy-stock-delisting-loom.html]
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 10:28

[![image from www.hypebot.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c7c20b63970b-100wi "image from www.hypebot.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c7c20b63970b-popup?ref=hypebot.com)After falling to as low at $.75 per share, stock in **EDM** giant **SFX Entertainment closed Friday** up slightly at **$.90 per share.** Traded on the New York Stock Exchange, SFXE can be **removed from trading** if its price closes below $1.00 for 30 consecutive trading days.

Wall Street watchers [Seeking Alpha](http://seekingalpha.com/article/3448436-sfx-entertainment-the-house-of-cards-is-collapsing?ref=hypebot.com) and other analysts say that SFXE is running out of cash and likely headed to bankruptcy.

The stock began its latest dramatic decline last Friday, after CEO Robert Sillerman missed a deadline to finance a stock buyback.

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