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Metropolitan Health Networks to Withdraw NYSE Arca Listing and Retain Listing on the American Stock Exchange
Last Update: 7:00 AM ET Jan 10, 2007
WEST PALM BEACH, Fla., Jan 10, 2007 (BUSINESS WIRE) -- Metropolitan Health Networks, Inc. , a leading provider of healthcare services to Medicare beneficiaries in Florida, today announced plans to voluntarily withdraw the listing of its common stock from NYSE Arca, Inc., formerly ARCA/Ex. Metropolitan Health Networks' common stock will continue to be listed on the American Stock Exchange.
The company cites the NYSE Group Inc.'s decision to focus NYSE Arca Equities on primary listings of stocks verses dual listings. NYSE Arca will continue to trade Metropolitan's stock on an unlisted trading privilege basis.