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New York Stock Exchange Commences Suspension Procedures for C & D Technologies

Thu, 10/07/2010 - 12:20pm
PowerPulse.net

C&D Technologies, Inc. announced that the New York Stock Exchange has commenced suspension procedures for the company.

The New York Stock Exchange in its October 4, 2010 press release stated, "The decision to suspend the company’s common stock was reached in view of the fact that the company has fallen below the New York Stock Exchange’s ("NYSE") continued listing standard regarding average global market capitalization over a consecutive 30 trading day period of less than $15 million, which is a minimum threshold for listing."

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