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Revlon appeal rejected, NYSE to delist stock

revlon-appeal-rejected,-nyse-to-delist-stock

Revlon Inc. REV, -5.34% said late Thursday a New York Stock Exchange committee rejected its appeal to not delist its stock and expects to be delisted “in the hear future.” Back in August, Revlon shares tumbled when a bankruptcy judge denied minority shareholders a special committee to represent them. Revlon shares fell 5.3% to close Thursday at $3.90, and were halted from after-hours activity before Revlon’s announcement.

Source: Marketwatch

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