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Article: Wyndham International Successfully Completes NYSE Listing Requirement; WYN Continues Trading on the New York Stock Exchange.
- Article from:
- Business Wire
- Article date:
- June 25, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
Wyndham International, Inc. (NYSE:WYN) today announced it has successfully resolved its singular, quantitative compliance issue with the New York StockExchange and will continue trading on the Exchange.
Following the events of Sept. 11, 2001, the average closing price of the Wyndham International stock fell below $1.00 for a consecutive thirty-day trading period. As a result, the stock was not in
compliance with this Exchange guideline. The Company has been in a six-month cure period, which ended June 21, 2002. At the close of trading on June 21, 2002 Wyndham's stock was trading at $1.08, with the ...