Published April 22, 2016 7:06am EDT | Updated April 22, 2016 8:06am EDT

Aeropostale Says NYSE Has Suspended Trading In Its Stock With Immediate Effect

Aeropostale Inc. said Friday that the New York Stock Exchange has suspended trading of its stock with immediate effect, due to an "abnormally low" trading price. The retailer said it will not appeal the delisting. Its shares will instead be traded on the OTCQX Best Market, an over-the-counter market operated by OTC Markets Group Inc. The new ticker is "AROP".