Arch Coal faces NYSE delisting

Photo Courtesy of Creative Commons
The New York Stock Exchange trading floor | Photo courtesy of Creative Commons

Arch Coal disclosed Thursday that the New York Stock Exchange informed the struggling coal miner that its market capitalization had fallen below the exchange’s listing requirements.

Creve Coeur-based Arch has 45 days to submit a plan that would bring the company back into NYSE compliance within 18 months. The company said it hasn’t yet determined what action to take.

Read more from the St. Louis Post-Dispatch


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