Citadel gets NYSE listing notice

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The last day that Citadel Broadcasting’s stock closed above a buck was August 11th – and the company has now received a notice from the New York Stock Exchange that it has fallen below the minimum share price for listing on the NYSE. For now, Citadel shares will continue to trade on the Big Board. “The Company intends to cure the deficiency and to return to compliance with the NYSE continued listing requirements,” Citadel said in an announcement.