Marriott to Delist from NYSE Chicago
By Dave Sebastian
Marriott International Inc. said it plans to withdraw its stock
from listing on the NYSE Chicago stock exchange, effective Sept.
20, to reduce administrative costs and requirements.
The world's largest hotel company, which will continue to trade
on Nasdaq, said NYSE Chicago will suspend its stock trading before
the market opens on Sept. 21.
The move comes as the company weathers the coronavirus pandemic.
It recently posted its largest quarterly loss ever.
Shares fell 0.5% in premarket trading after closing Friday at
Write to Dave Sebastian at firstname.lastname@example.org
(END) Dow Jones Newswires
August 31, 2020 08:54 ET (12:54 GMT)
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