NYSE To Begin Delisting Proceedings Against Sunlight Financial Holdings
Portfolio Pulse from Benzinga Newsdesk
The New York Stock Exchange (NYSE) has announced that it will begin delisting proceedings against Sunlight Financial Holdings.
September 25, 2023 | 8:35 pm
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Sunlight Financial Holdings is facing delisting proceedings from the NYSE, which could negatively impact its stock price.
Delisting from a major exchange like the NYSE can have a significant negative impact on a company's stock price. It can lead to a decrease in the liquidity of the stock, making it harder for investors to buy or sell shares. This could result in a decrease in the stock's price.
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