CLINTON, Mass.-Citing the company’s recent bankruptcy filing and the pending restatement of its financial statements for 2001 and the first quarter of 2002, the Nasdaq Listing Qualifications Panel informed WorldCom Inc. that its WorldCom Group Common Stock, MCI Group Common Stock and 8 percent Cumulative Quarterly Income Preferred Securities would be delisted from the Nasdaq Stock Market beginning today.
WorldCom’s stock was trading around 10 cents per share before the delisting.
WorldCom said it expects its securities will trade on the Pink Sheets under the symbols “WCOEQ,” “MCWEQ,” and “MCPEQ” following the delisting by Nasdaq.
