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AMR falls after hours on delisting news

By: capt_nemo in ROUND | Recommend this post (0)
Fri, 30 Dec 11 3:28 AM | 49 view(s)
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By Wallace Witkowski, MarketWatch

SAN FRANCISCO (MarketWatch) — The bankrupt parent company of American Airlines, AMR Corp., saw its shares fall further into penny stock territory after the New York Stock Exchange said it would delist the stock.

AMR AMR -37.97% dropped 41% to 30 cents on heavy volume after the exchange said the stock is not longer suitable for listing. AMR filed for bankruptcy protection in late November. Read more on AMR delisting.

http://www.marketwatch.com/story/bank-of-america-shares-decline-after-hours-2011-12-29?siteid=rss&rss=1




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