Thursday, December 8, 2011

NYSE Notifies Verso of Unusual Market Activity

Verso Paper Corp. (NYSE:VRS) announced that the New York Stock Exchange, in accordance with its usual practice, contacted the company in view of unusual market activity in Verso’s common stock today. At the close of trading on the NYSE today, the price of Verso’s common stock was $1.44 per share, an increase of $0.33, or 30%, from the previous day’s closing price of $1.11 per share. In responding to the NYSE, Verso stated that its policy is not to comment on unusual market activity in its common stock.