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Nasdaq to reinstate Homestore's ticker

The Nasdaq National Market will continue to list Homestore.com's stock and will reinstate its original ticker symbol, the online real estate company said Wednesday. Currently listed under "HOMSE," Homestore will resume trading under the ticker "HOMS" on Thursday. Nasdaq's move follows a hearing on the matter last week. Nasdaq appended the "E" to Homestore's ticker symbol in February and notified the company that it would take steps to delist its stock. The "E" signified that Homestore was not current with its regulatory filings; the designation followed Homestore's acknowledgement that it would have to restate its revenue and losses from 2000 and the first nine months of 2001. Westlake Village, Calif.-based Homestore has since reported that its loss in 2000 was $31 million more than it originally stated and that it lost $113.2 million more in the first nine months of last year than it reported initially.

The Nasdaq National Market will continue to list Homestore.com's stock and will reinstate its original ticker symbol, the online real estate company said Wednesday. Currently listed under "HOMSE," Homestore will resume trading under the ticker "HOMS" on Thursday. Nasdaq's move follows a hearing on the matter last week.

Nasdaq appended the "E" to Homestore's ticker symbol in February and notified the company that it would take steps to delist its stock. The "E" signified that Homestore was not current with its regulatory filings; the designation followed Homestore's acknowledgement that it would have to restate its revenue and losses from 2000 and the first nine months of 2001. Westlake Village, Calif.-based Homestore has since reported that its loss in 2000 was $31 million more than it originally stated and that it lost $113.2 million more in the first nine months of last year than it reported initially.