Archive: https://archive.today/tKoyS From the post: Shares in a once-thriving restaurant chain have dropped so much that the company faces the ax from the stock market. Noodles & Company - with 471 restaurants across 31 states - is teetering on the edge of being delisted from the Nasdaq Global Select Market after its stock price plunged below $1 as losses have mounted. The warning caps off a disastrous 2024 for the chain, which has struggled to execute a turnaround under new CEO Drew Madsen. After taking the helm in March, he revamped the menu, and in August shut 20 underperforming restaurants and cut jobs at the company’s central office to save money.