The New York Stock Exchange this week notified Entravision Communications that its stock, which has traded below $1 for 30 consecutive trading days, has fallen below the criteria for continued listing.
According to Radio Ink, Entravision said it plans to tell the NYSE it “intends to try to cure the deficiency.” The company has 6 months to get back into compliance. In the meantime, its stock will stay on the exchange.
Entravision isn’t the only company operating under delisting warnings from the NYSE – it joins Citadel and Entercom. Westwood One was suspended from NYSE trading last month.