Calpine to be Delisted

In three years, shares of Calpine (CPN) went from $2 to $58. Pretty soon, the company had to restate its earnings for three years. Later, the CEO and CFO resigned without comment. Now the stock is down to 21 cents. The NYSE has had enough and will delist the shares tomorrow.

Posted by on December 5th, 2005 at 1:09 pm


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