News, analysis and personal reflections on the markets & the financial sector

Wednesday, August 19, 2015

Midstates Petroleum (MPO) received NYSE listing non-compliance notice

Midstates Petroleum announces it received notice from the NYSE that its market capitalization and last reported stockholders equity had fallen below the NYSE's continued listing standards.
The NYSE requires that a listed company's total market capitalization not be less than $50 million for a period of over 30 consecutive trading days and that its last reported stockholder equity not be less than $50 million.

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