Children’s Wonderland Day Care Delisted

Agoura Hills-based day-care center operator Children’s Wonderland Inc. has been delisted from the Nasdaq market because of insufficient capital and falling stock prices. The delisting is the latest blow to the beleaguered company, which went public a year ago at $4 a share. On its first day of trading, the stock more than doubled to $10.75 a share. Shares of the company dropped as low as 18 cents on Tuesday and are now trading over the counter. On April 21, the company’s president, former Warner Bros. executive Michael Laney, abruptly resigned after four months on the job without giving a reason. The company, which operates 14 day-care centers in California, Connecticut and Colorado, is exploring financing and alliance opportunities.