Exchange: NYSE·Updated 09:26 AM EDT
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ELME Elme Communities

$1.77
$1.70
(96.19%)
Pre-Market
Prev Close $1.77
Reported EarningsOct 23
Mkt Cap$4.31M
Vol235.55M

About ELME

Elme Communities engages in the provision of ownership and operation of apartment communities. It operates through the Residential and Other segments. The company was founded by Arthur A. Birney and Benjamin H. Dorsey in 1960 and is headquartered in Bethesda, MD.
30

Bearish Sentiment

How do you feel about ELME?

beppels
$ELME It closed at 1.77 yesterday, today a dividend of 1.74 was substracted, so fair price would be 0.03! Don t get blinded by the 90 % drop, company is winding down and will be delisted in november!
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Sigsig
$ELME , I don’t own shares in this , but what I do know is that once they’re converted over to the OTC Exchange you should be able to sell your shares ONLY! I remember going through this with Core Scientific back in December 2022. I bought shares @ around $.09 cents after they filled for chapter 11 bankruptcy reorganization thinking I could make a quick buck!. Wrong! The company had received a delisting notice from Nasdaq on December 22, 2022, following its Chapter 11 bankruptcy filing. While Core Scientific initially moved to appeal the decision, it withdrew the appeal in January 2023, paving the way for its shares to trade under the OTC ticker symbol CORZQ. Note: After completing its bankruptcy reorganization, Core Scientific emerged from Chapter 11 and officially relisted back onto the Nasdaq on January 24, 2024. I kick myself for selling my shares way too early!. CORZQ over the counter dropped to $.01 cent, climbed ⬆️ to $6.00 before changing back over to the Nasdaq. Ouch!
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beppels
$ELME Looks like already halted for delisting, hope nobody got in, I tried to warn hours ago!
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Jeffbmw69
$ELME regulatory concern halts can remain open indefinitely until the issuer satisfies the exchange or the SEC that the underlying concern is resolved
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Iminanysom
$ELME soooo......when will it be unhalted or delisted? NYSE need to give it a chance? anyone have experience with this?
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Parsey5000
$ELME it’s been trading below 10 cents all morning but they halt it 5 minutes before market opens
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traker1818
$ELME Elme Communities Announces Suspended NYSE Trading; Anticipates Trading Will Begin OTC Effective October 26, 2026
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TwongStocks
$ELME NYSE to Commence Delisting Proceedings Against Elme Communities (ELME) https://www.businesswire.com/news/home/20261023811494/en/NYSE-to-Commence-Delisting-Proceedings-Against-Elme-Communities-ELME NYSE Regulation has determined that the Company’s Shares of Beneficial Interest are no longer suitable for listing based on “abnormally low selling price” levels, pursuant to Section 802.01D of the Listed Company Manual.
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Draganafly
$ELME Seconds pass, minutes pass, hours pass, months pass? Years pass, and still the chips is Not arrive!
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Draganafly
$ELME When has anyone ever seen 4 hours of Halt!? It seems a little exaggerated to me. Don't you think so? Where is the seriousness of the company????
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89gt
$ELME Just got back here to see it’s halted! My average is $0.068 I’m either up huge or lost my investment. Hmmm??? When will we have answers. I put a sell all order in. We will see where it lands. GLTA $RIME
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M1LLION
$ELME bruh i bought in at 0.097, and cant even sell now because of revolut restrictions, so mad
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Draganafly
$ELME 52 weekend is 3.18 now is 1.74 In this case, what should we do? What should we wait for? No, it's not possible to trade this way!
vegas21
$ELME I’m gonna be pissed if that’s the price. I almost bought 5k shares just for a gamble at 9am
sangju
$ELME What about the people who bought at the higher price point? What happened to them? Did it reach 0.4 cents or more?
NotMeChasing
🚨 $ELME DOWN 96%. NOW TRADING AT 6 CENTS. WAIT A DAMN MINUTE. ELME COMMUNITIES OWNS APARTMENT BUILDINGS. A SHARE IS A PIECE OF A COMPANY. SO IF I BUY ENOUGH PIECES I EVENTUALLY OWN AN APARTMENT. I JUST BOUGHT 500 SHARES FOR $30. THAT SHOULD BE ENOUGH FOR AT LEAST A STUDIO. APARTMENTS RENT FOR $1,500 A MONTH. THAT’S $18,000 A YEAR ON A $30 INVESTMENT. I’M GOING TO CALL THE COMPANY AND FIND OUT WHICH UNIT IS MINE. HOPEFULLY IT HAS PARKING.

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