First, BBBY stock hasn't closed above $1 since March 17. Since the stock is listed on the Nasdaq, it must have a minimum share price of at least $1. Bed Bath will receive a deficiency notice from the exchange if shares trade under $1 for 30 consecutive days. Upon receipt of the notice, the company will have a 180-day grace period to achieve a minimum price of $1 for 10 consecutive business days. If it is unable to do so, the exchange may give Bed Bath another 180 days.