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Penn Virginia to be delisted from the NYSE

Jan. 12, 2016 6:27 PM ETRanger Oil Corporation (ROCC) StockROCCBy: Carl Surran, SA News Editor5 Comments
  • The NYSE says it will begin proceedings to delist Penn Virginia (PVA) from the Exchange, and trading in the common stock will be suspended immediately.
  • The NYSE says PVA is no longer suitable for listing based on “abnormally low” price levels.
  • Shares fell 19% in today's trade after tumbling 49% YTD and 95% in the past six months.

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