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Sanchez Energy Receives NYSE Warning as Stock Price Hovers Below $1.00
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Sanchez Energy Corp. has received notice from the NYSE that the company does not presently meet the NYSE continued listing standard due to having a closing stock price of $1.00 per share over a period of 30 consecutive trading days.
In accordance with applicable NYSE procedures, the company plans to timely notify the NYSE that it intends to pursue actions to meet the minimum average share price requirement.
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