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What happens when a company is delisted from the nyse?
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7th Nov 2009 by Joseph Pousada
When a stock is delisted from the New York Stock Exchange, it no longer had the privilege of being traded on the exchange. To be listed the NYSE imposes various standards that a company must meet. This includes its financial strength (which is measured in various ways such as earnings and world wide capitalization) and other factors such as its average trading volume. If a company does not meet the criteria it may be delisted by the New York Stock Exchange. A company can also decide on its own to delist from the exchange whether their intent is to have their stock traded on the over the counter market or as a transfer to another exchange.
Reference:
http://nysemanual.nyse.com/LCMTools/PlatformViewer.asp?selectednode=chp_1_9_4&manual=%2Flcm%2Fsections%2Flcm-sections%2F
When a stock is delisted from the New York Stock Exchange, it no longer had the privilege of being traded on the exchange. To be listed the NYSE imposes various standards that a company must meet. This includes its financial strength (which is measured in various ways such as earnings and world wide capitalization) and other factors such as its average trading volume. If a company does not meet the criteria it may be delisted by the New York Stock Exchange. A company can also decide on its own to delist from the exchange whether their intent is to have their stock traded on the over the counter market or as a transfer to another exchange.
Reference:
http://nysemanual.nyse.com/LCMTools/PlatformViewer.asp?selectednode=chp_1_9_4&manual=%2Flcm%2Fsections%2Flcm-sections%2F
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4th Nov 2009 In Investing
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Subjects: nyse,
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