Magnum Hunter delisted by NYSE due to company’s low trading prices
Saturday, November 21, 2015
Columbus Business First reports that the New York Stock Exchange has delisted Magnum Hunter Resources Corp., but the Texas-based company won’t fight it.
The company’s stock was “abnormally low,” which led to its delisting. As of the morning of Nov. 17, Magnum Hunter’s common stock (NYSE: MHR) traded at 2 cents.
Magnum Hunter is one of mathe drillers in Ohio’s Utica shale.
Via: Columbus Business First > Magnum Hunter won’t fight NYSE delisting
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