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Medical Staffing Network Holdings Inc. announced that its new trading symbol on the OTCQX market will be MNSW.PK. The company had traded on the New York Stock Exchange under the symbol MRN, but trading on the NYSE symbol is being suspended effective today. Medical Staffing Network had announced Dec. 9 that the suspension was coming because its market capitalization was less than $25 million over a 30-day trading period.
"It is important for our shareholders to understand that although we are changing markets, nothing has changed with the shares themselves," said President and CFO Kevin Little. "Shareholders are still the registered owners of the securities and can trade them. Instead of trading them on the NYSE, they will now be available for trading over-the-counter on the OTCQX market."
Medical Staffing Network is the largest provider of per diem nurses in the U.S.