The New York Stock Exchange suspended trading in Container Store Group shares and said it would commence delisting proceedings.
The exchange said the retailer didn't meet a requirement to maintain a $15 million average global market capitalization over a consecutive 30-trading-day period.
Container Store shares were halted due prior to the exchange's announcement.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
December 09, 2024 16:58 ET (21:58 GMT)
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