Loud to Delist Stock from NASDAQ

1/16/09Follow @gthuang

Woodinville, WA-based Loud Technologies (NASDAQ: LTEC), a pro audio and music company, has announced it is delisting its common stock from NASDAQ, effective in February. Loud cited management time and costs to maintain the listing, limited trading, and its 2008 financial results as some of the reasons for the move.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com. Follow @gthuang