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Penn Virginia Stock to be Delisted from NYSE
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Penn Virginia Corporation announced that it received notification from the New York Stock Exchange (NYSE) that the NYSE had determined to commence proceedings to delist the Company's common stock as a result of the NYSE's determination that the Company's common stock was no longer suitable for listing on the NYSE based on "abnormally low" price levels, pursuant to Section 802.01D of the NYSE's Listed Company Manual.
The NYSE also suspended trading in the Company's common stock effective immediately.
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