delist

verb

de·list | \ (ˌ)dē-ˈlist

delisted; delisting; delists

Definition of delist

: to remove from a list especially : to remove (a security) from the list of securities that may be dealt in on a particular exchange

Examples of delist in a Sentence

Recent Examples on the Web

While the falcon was delisted by the federal government nearly 20 years ago, many states still protect it. — Ula Chrobak, Outside Online, "We're Overprotecting Birds at the Expense of Climbers," 12 July 2018 MiMedx, which was delisted from the Nasdaq Stock Market last month, is currently under investigation by the Justice Department, the inspector general of the Department of Veterans Affairs and the Securities and Exchange Commission. — Kimberly Chin, WSJ, "MiMedx to Shed Jobs as Part of Overhaul," 6 Dec. 2018 That openly racist policy doesn’t trigger Airbnb’s delisting policy. — Eugene Kontorovich, WSJ, "Airbnb’s Anti-Israel Hypocrisy," 25 Nov. 2018 If the federal judge rules that U.S. Fish and Wildlife Service acted too quickly in delisting the bears last year, both states would have to suspend their hunting seasons. — Travis Fedschun, Fox News, "Grizzly bear hunt has trophy hunters, conservationists awaiting federal judge's ruling," 28 Aug. 2018 If Blue Apron’s shares trade below $1 for 30 days, the New York Stock Exchange’s rules state the company will be given a six-month deadline to push past that threshold or be delisted. — Heather Haddon, WSJ, "Blue Apron Links With Dieters in Comeback Effort," 26 Dec. 2018 As such, 3DMark delisted the P20, P20 Pro, Nova 3, and Honor Play from its leaderboards. — Ashley Carman, The Verge, "Huawei will let all phone users access ‘performance mode’ after benchmark controversy," 7 Sep. 2018 The move, a stock split, was designed to keep the company from being delisted from the Nasdaq because of how low its shares had already fallen. — Aja Romano, Vox, "MoviePass briefly stopped working — because it ran out of money," 27 July 2018 The New York Stock Exchange is moving to delist the company’s stock, WSJ Logistics Report’s Jennifer Smith writes, after an internal investigation showed broader accounting problems than earlier reported at Celadon’s former leasing division. — Paul Page, WSJ, "China’s Bigger Trade Targets, Trucking’s Recruiting Shortfall and a Divide Over Emissions," 4 Apr. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'delist.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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Last Updated

25 Mar 2019

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The first known use of delist was in 1929

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More Definitions for delist

delist

verb

Financial Definition of delist

What It Is

Delisting refers to the removal of a security from active trading. It generally occurs when a company goes private, is bought out, declares bankruptcy or fails to meet listing requirements.

How It Works

Voluntary delisting might occur if a company is acquired or goes private. Involuntary delisting occurs when a company fails to meet the listing requirements as determined by the exchanges it trades. Listing requirements can be very complex and different types of issuers and securities may have different rules, but generally the guidelines include filing financial statements in a timely manner, a share price above a certain price, a minimum number of shareholders, a minimum market capitalization, or certain revenue, profit, cash flow and trading activity requirements.

To understand how the delisting process generally works, let's consider the stock of Company XYZ. The NASDAQ delists companies that have closing bid prices below $1.00 for 30 consecutive days or more. So if Company XYZ stock closes below $1.00 on the 31st day, the NASDAQ sends a noncompliance letter to Company XYZ informing it that its stock has to start closing above $1.00 in the next 180 days (issuers that fall out of compliance with an exchange's listing requirements are usually not delisted immediately; they are given time to resolve the situation). The exchange will then add Company XYZ to its list of noncompliant issuers.

If, after 180 days, Company XYZ stock is still trading below $1.00, NASDAQ will delist the issue. Usually an issuer has the right to appeal a delisting. This acts as a stay against the delisting in many cases. But if the issuer loses the appeal, the security is delisted. The exchange suspends trading in that security and notifies the issuer and the Securities and Exchange Commission (SEC) in writing and releases a press release.

Why It Matters

Although not all companies are delisted for negative reasons, delisting prevents exchanges from being filled with shoddy securities from issuers that may be on their last leg. By ensuring that all issuers maintain high administrative standards, exchanges are helping to reduce the systematic risk associated with the market and protect investors.

Source: Investing Answers

delist

verb