Taser International Inc. said Friday that the Nasdaq Stock Market told the company its stock could be delisted because it failed to file its third-quarter financial report on time.
The stun gun maker said it will appeal the Nasdaq’s decision by requesting a hearing before the exchange’s listing qualifications panel. Until the panel makes a decision, Taser’s stock will continue to be traded on the Nasdaq, though its stock symbol will be changed to “TASRE” from “TASR” until it files its quarterly report.