Pier 1 Imports Working to Retain Its Stock Listing on the NYSE

Pier 1 Imports said it's been notified that it's no longer in compliance with the New York Stock Exchange continued listing standards.The stock price has traded below $1 for 30 days and that triggered a six-month period when the company can try to fix issues that resulted in its stock trading below the $1 requirement.The Fort Worth-based home furnishings chain of 987 stores has two weeks to tell the NYSE how it plans get its price back into compliance.   Continue reading...