USD Partners LP Announces Suspended NYSE Trading, Anticipates Trading To Begin On OTC Exchange Effective November 16, 2023
Portfolio Pulse from Benzinga Newsdesk
USD Partners LP has announced that trading of its stock on the NYSE has been suspended. The company expects that its stock will begin trading on the OTC exchange starting November 16, 2023.

November 15, 2023 | 9:54 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
USD Partners LP's stock has been suspended from trading on the NYSE and is expected to start trading on the OTC exchange on November 16, 2023.
The suspension of trading on the NYSE and the move to the OTC exchange could lead to increased volatility and potentially lower liquidity for USDP shares. This transition may be viewed negatively by investors as OTC markets are generally considered less prestigious and may have less stringent listing requirements than the NYSE.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100