NYSE to commence delisting proceedings against The Container Store
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 09 2024
0mins
Should l Buy ?
Delisting Announcement: The NYSE has initiated proceedings to delist The Container Store Group's common stock due to the company's failure to meet the minimum market capitalization requirement of $15M over a 30-day period.
Appeal Process: The company can appeal this decision to a committee of the NYSE's board, and the NYSE will seek SEC approval for the delisting after all procedures are completed.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
