NYSE news and archive

Express receives delisting notification from NYSE

American retailer Express has announced that it has received a delisting notification from the New York Stock Exchange (NYSE) that would see its common stock suspended from market close on March 6. Instead, the company’s common stock will be trading publicly on the over-the-counter (OTC) Pink market, under the symbol ‘EXPR’. According to a press...

Business

Amer Sports’ IPO falls below target

Amer Sports, the owner of Arc’teryx, Wilson and Salomon, has raised 1.3 billion dollars in its NYSE initial public offering (IPO), falling short of its target with 100 million shares priced at 13 dollars each. This came far below the expectations of the company, which initially forecasted the IPO price to be between 16 and 18 dollars per share...

Business

Natura &Co to delist from NYSE

Beauty conglomerate Natura &Co has announced plans to remove its listing from the New York Stock Exchange (NYSE) amid an ongoing strategy aimed at “simplifying operations”. The company’s board revealed the plans in a regulatory filing, noting that it would maintain its primary listing of common shares on the B3 stock exchange in São Paulo,...

Business

Lanvin Group to begin trading on NYSE

Luxury fashion conglomerate Lanvin Group has announced, together with Primavera Capital Acquisition Corporation (PCAC), that its shareholders have approved of the duo’s previously announced business combination and plans to take the company public. The business combination is expected to close on December 14, 2022, with a listing on the New York...

Business

MyTheresa to list on NYSE

Reuters has reported that MyTheresa is set to list on the New York Stock Exchange. The Neiman Marcus owned e-tailer is working with Morgan Stanley on the planned listing, which could happen as early as April. Neither Neiman Marcus or Morgan Stanley responded to comment on the matter. It is reported that MyTheresa's valuation could be around 500...