Rite Aid Regains NYSE Compliance

Rite Aid said that the New York Stock Exchange (NYSE) has notified the company that it has regained full compliance with NYSE minimum average share price listing requirements.

The company said it received written notification on May 1, 2019, that it has regained compliance after the company’s average stock price for the 30-trading days ended April 30, 2019, was above the NYSE’s minimum requirement of $1.

The company, which has continued to trade on the NYSE, is now in compliance with all NYSE listing rules.