NYSE to Delist Navistar’s Shares Feb. 13
Truck Maker's Stock to Trade on Pink Sheets
Shares of Navistar International Corp. will be delisted from the New York Stock Exchange at the close of trading on February 13, the truck manufacturer said late Tuesday.
Navistar, which has not reported financial results since September 2005, said in a statement it plans to appeal the decision. The New York Stock Exchange announced the delisting in mid-December, but Navistar shares continued to change hands on the exchange while NYSE reviewed the suspension. (Click here for previous coverage.)The truck maker’s shares, which have been traded on the New York Stock Exchange since 1908, will begin trading on the Pink Sheets following the delisting.Navistar is the parent company of International Truck and Engine Corp.