TheStreet, co-founded by Jim Cramer, could be delisted if its stock price stays too low

Investor news site TheStreet Inc. was warned that it could be delisted from the Nasdaq Global Market after its stock closed below $1 a share for 30 consecutive business days. The New York-based publication has until June to turn things around, it said in a filing this month with the Securities and Exchange Commission. If the price of TheStreet's stock closes at $1 per share or higher on at least 10 consecutive business days, the company will not be delisted. Even if the stock price does not improve, TheStreet can appeal before the delisting occurs. TheStreet declined to comment beyond what was in the SEC filing.