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This Stock Could Delist From the NYSE: What It Means for Investors

·3 min read
This Stock Could Delist From the NYSE: What It Means for Investors

The embattled stock of Alibaba Group Holdings (NYSE: BABA) hit more turbulence recently when the U.S. Securities & Exchange Commission listed the company as a potential candidate for delisting from the New York Stock Exchange. Delisting is a big deal, but investors shouldn't panic. Foreign companies that list on U.S. stock exchanges require auditing from the Public Company Accounting Oversight Board, which the Securities & Exchange Commission (SEC) oversees.