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Friday, October 7, 2016

Cosi will soon be delisted from the Nasdaq Stock Market

Cosi shares (Nasdaq: COSI) were trading at 3 cents midday Friday, down from a 52-week high of $1.05. Share value has plunged 96 percent in the past year. As of Friday, the entire company has a market cap of $1.96 million.

The delisting follows Cosi’s leadership team filing for Chapter 11 bankruptcy on Sept. 28.

** charts 3 months earlier **

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