Gray put on notice

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The New York Stock Exchange has taken notice of the fact that shares of Gray Television have been below $1 for over 30 trading days and notified the company that its stock will be delisted if that doesn’t change within six months. Gray says it will notify the NYSE that it plans to return to compliance. Meantime, both Gray’s common stock, “GTN,” and Class A, “GTNA,” will continue to trade on the NYSE.