Back in September, American Apparel received a delisting notice from the New York Stock Exchange after shares closed at just $0.16 USD per share. Now, after failing to meet the NYSE's listing guidelines over the subsequent weeks (shares must maintain a value of at least $1 USD to remain on the exchange), American Apparel is set to be removed from the NYSE entirely. The exchange had originally recommended that the company -- which filed for bankruptcy earlier this month after racking up over $300...
Back in September, American Apparel received a delisting notice from the New York Stock Exchange after shares closed at just $0.16 USD per share. Now, after failing to meet the NYSE's listing guidelines over the subsequent weeks (shares must maintain a value of at least $1 USD to remain on the exchange), American Apparel is set to be removed from the NYSE entirely. The exchange had originally recommended that the company -- which filed for bankruptcy earlier this month after racking up over $300...
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