ebix Remains Listed On The Nasdaq

The listing qualification panel of the Nasdaq stock exchange notified Atlanta-based online insurance provider ebix.com Inc. that it will continue trading on the exchange's Small Cap market. The online provider, however, was told it had to make a filing with the Securities Exchange Commission (SEC) and Nasdaq by no later than July 13 showing that it has stockholder equity of at least $3 million or net tangible assets of $3.23 million. With the consummation of the two closings with BRiT Insurance Holdings PLC (see page 10) and having turned profitable in the first quarter of 2001, at press time, ebix expected to make the required filing and demonstrate compliance with all requirements for continued listing on the market.E Top Five Percent Gainers

PeopleSoft Inc. 44.01 168.8%

Fair Isaac & Co. 64.50 114.7%

SunGard Data 30.54 103.2%

IMS Health Inc. 27.80 67.2%

ChoicePoint Inc. 43.49 56.0%

E Top Five Percent Losers

TenFold Corp. 0.38 -97.8%

Brokat Tech. 0.95 -96.9%

Corillian Corp. 3.96 -76.7%

INSpire Ins. Sol. 0.76 -73.0%

Quotesmith.com 2.01 -67.5%

For reprint and licensing requests for this article, click here.
MORE FROM DIGITAL INSURANCE