NYSE American To Begin Delisting Proceedings Against Mallinckrodt
Portfolio Pulse from Benzinga Newsdesk
The NYSE American has announced that it will begin delisting proceedings against Mallinckrodt (MNK).
August 28, 2023 | 8:17 pm
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Mallinckrodt is facing delisting proceedings from the NYSE American, which could negatively impact its stock price.
Delisting from a major exchange like the NYSE American can significantly impact a company's stock price as it reduces the liquidity and visibility of the stock. This could lead to a decrease in the stock price of Mallinckrodt.
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