06/16/2010 06:23:00 PM EST
Fannie Mae, Freddie Mac to delist shares from NYSE
NEW YORK-(AP) Government-sponsored mortgage purchasers Fannie Mae and Freddie Mac plan to delist their shares from the New York Stock Exchange after their stocks had trouble meeting listing requirements.
Shares of both companies tumbled.
Fannie Mae shares dropped 42 cents, or 46 percent to 50 cents, while Freddie Mac slid 58 cents...
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