Playboy may be stripped of NY stock exchange listing

The mighty Playboy empire, built on the eponymous magazine, is in danger of being delisted by the New York stock exchange.

Playboy Enterprises Inc. has received notice from the New York Stock Exchange that it is not in compliance with the exchange's listing criteria, per a SEC filing [says a story in MediaDaily News.] Playboy's average market cap over a 30-day trading period fell below $75 million. Playboy's market cap was listed Tuesday at $69.5 million.

Playboy said it would comply with NYSE's requirement that it submit a plan to the Exchange detailing how it expects to comply with the listing standard within the next 18 months.