Delta OK'd for Listing on Amex

Published May 07, 2003, 2:00 p.m. EDT

1 Min Read

Delta Financial Corp., Woodbury, N.Y., has reached another milestone in its turnaround with the approval of its common stock for listing on the American Stock Exchange.Delta has been trading on the over-the-counter markets since it was delisted from the New York Stock Exchange for not meeting standards. Delta is still finalizing the date on which trading will start on the Amex. Its ticker symbol is expected to change from DLTO to DFC. Delta's stock, which went from $20 per share down to $0.28 per share in 2001 because of the company's troubles, closed on May 6 at $3.42 per share.

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