Calnetics Begins Trading on the NASDAQ System
The common stock of Calnetics Corp., a Chatsworth manufacturer of plastic components, has begun trading on the NASDAQ National Market System.
The company’s stock previously traded on the NASDAQ Small Cap Market, but was accepted for the new listing after meeting the more stringent requirements of the National Market system.
Clinton Gerlach, Calnetics’ chairman, said the new listing reflects the company’s continued growth and financial progress, and should benefit shareholders by improving the stock’s visibility and liquidity.
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