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Posts Tagged ‘delisted’

On February, 26, 2009, the New York Stock Exchange (NYSE) announced that it would be suspending its delistment rule for stocks trading below $1 per share.

http://www.usatoday.com/money/markets/2009-02-26-nyse-suspends-dollar-rule_N.htm

“The exchange has delisted nine companies so far this year for falling below one of several listing requirements. It delisted 54 last year.”

Add Citigroup (C) to the list of companies that would have otherwise been at risk of being delisted as of today, for trading below $1 per share.

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