CorEnergy Announces Receipt Of Continued Listing Standard Notice From NYSE
Portfolio Pulse from Benzinga Newsdesk
CorEnergy Infrastructure Trust, Inc. (CORR) has received a notice from the New York Stock Exchange (NYSE) regarding its non-compliance with continued listing standards. The company is now subject to the procedures and requirements of the NYSE, which could potentially lead to delisting if compliance is not regained.
September 13, 2023 | 8:22 pm
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CorEnergy Infrastructure Trust, Inc. (CORR) has received a notice from the NYSE for non-compliance with listing standards. This could potentially lead to delisting if compliance is not regained, which would negatively impact the stock price.
Receiving a notice of non-compliance with listing standards from the NYSE is a serious issue for any company. If CorEnergy does not regain compliance, it could potentially be delisted from the NYSE. This would likely lead to a decrease in the stock price as it would limit the liquidity of the stock and potentially decrease investor confidence.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100