NYSE Threatens To Delist Bristow's Stock | Aviation International News

NYSE Threatens To Delist Bristow's Stock

Helicopter services company Bristow Group's stock has been trading below the NYSE's $1 minimum price for over a month.

By Mark Huber • Contributor

May 8, 2019

In a widely anticipated move, helicopter services company Bristow Group received a delisting warning notification from the New York Stock Exchange (NYSE) on May 1. Bristow received the warning because the average closing price of its common stock had been below $1 for 30 consecutive days. The NYSE requires stocks to trade at a minimum of $1 per share.

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