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Aeropostale won’t be delisted from the NYSE, subject to quarterly review

Aeropostale Inc. said on Friday that the New York Stock Exchange had accepted the company’s plan for continued listing, subject to quarterly review. The mall-based retailer received notice on Oct. 30 that it was not in compliance with the NYSE’s listing requirements, because average global market capitalization for 30 consecutive trading days was less than $50 million and stockholder equity was less than $50 million. Aeropostale had previously received notice from the NYSE that the closing price of its stock over 30 consecutive trading days had fallen below the $1 minimum. Shares of Aeropostale climbed 8% in morning trade to 29 cents. It last closed above $1 on Sept. 1, 2015.

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Aeropostale won’t be delisted from the NYSE, subject to quarterly review Reviewed by on . Aeropostale Inc. said on Friday that the New York Stock Exchange had accepted the company's plan for continued listing, subject to quarterly review. The mall-ba Aeropostale Inc. said on Friday that the New York Stock Exchange had accepted the company's plan for continued listing, subject to quarterly review. The mall-ba Rating:
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