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NYSE suspends trading in Huffy Corp - BikeBiz

NYSE suspends trading in Huffy Corp

The New York Stock Exchange has determined that trading of Huffy Corporation common stock should be suspended immediately and that the NYSE will take steps to remove Huffy as a listed company on the NYSE.
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The NYSE's decision was reached in view of the fact that the Company has fallen below the continued listing standards regarding average market capitalization over a consecutive 30 trading-day period of not less than $50m and total stockholder's equity of not less than $50m.

The global market capitalization based on a closing share price of $0.58 on August 13th was $9.3m.

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