Brief: NYSE to suspend trade of Journal Register after stock closes at $0.31
The New York Stock Exchange announced Friday that it will suspend trading of the Journal Register Company, parent corporation of the New Haven Register, on Wednesday because of its “abnormally low” stock price. The decision, which comes during continued speculation about impending bankruptcy for the Journal Register, followed the Thursday’s news that Moody’s Investors Services dropped the company’s ratings further down the speculative, or “junk,” ladder.
YEI to subsume YES
