I Will Miss Radio Shack

For the first time, RadioShack’s shares are trading below $1, leading some to worry that the company’s stock could be delisted.

Shares of the electronics retailer dipped 11 cents, or 10.6%, on Friday to 92 cents per share. If the stock trades below $1 for 30 consecutive days, it could be removed from the New York Stock Exchange.

The stock’s all-time high? $79.50, in December 1999.

The latest woes for the chain comes to light after the company reported another quarterly loss. 

The company blamed its poor performance on lower sales of mobile devices.

Meanwhile, RadioShack has posted losses the last two years as competitors, including Amazon.com AMZN -0.86% and Best Buy BBY -2.11% , have stepped up their games. In order to combat sales woes, RadioShack said it plans to remodel stores through RadioShack RSH -10.43% Labs, allowing inventors and startups the opportunity to makes products for sale at the retailer.