NYSE to commence delisting proceedings against The Container Store

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Dec 09 2024

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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.

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.