Granite City moves to Nasdaq Capital Market

MINNEAPOLIS Granite City Food & Brewery Ltd., parent to 26 restaurants in 11 states, began trading on the Nasdaq Capital Market on Monday and said it may consider a reverse stock split to increase its common share value and again meet Nasdaq’s $1 per share requirement. The casual-dining company previously listed its common stock on the Nasdaq Global Market. However, it received a notice in October that the market value of the restaurant company’s publicly held shares fell below the ...

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