The PMI Group, Inc. (NYSE: PMI) issued a statement Friday informing investors and the public that the company has been notified by the New York Stock Exchange that it has fallen below the NYSE’s listing standard, requiring a minimum average closing price of $ 1.00 per share over 30 consecutive trading days. PMI has six months to bring its share price back into compliance with the NYSE rule or the company will be delisted from the stock exchange.
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