NYSE Reviews AMR Listing on Bankruptcy Filing; Shares Plunge
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NYSE Euronext is reviewing the listing status of AMR Corp. stock, which plunged today after the company filed for bankruptcy.
AMR declined 84 percent to 26 cents at 4 p.m. New York time. It was halted for more than three hours after the company announced the filing. Swings in the stock triggered at least 16 more five-minute pauses under exchange circuit breakers designed to limit volatility, data compiled by Bloomberg show.