AP: Trump Casinos Stock to be Delisted

The Associated Press is reporting that fallout from a third Chapter 11 bankruptcy filing continued for Trump Entertainment Resorts on Friday after it learned that its stock will be delisted from the NASDAQ exchange.

According to the AP, “The company, which owns three Atlantic City casinos, said it does not plan to challenge the action. The delisting — which means its shares will no longer be bought or sold on the exchange — takes effect February 26.”