Memphis, Tennessee, USA, 07 December 2011 -– Verso Paper Corp. (NYSE:VRS) announced that the New York Stock Exchange (NYSE), 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 USD 1.44 per share, an increase of USD 0.33, or 30%, from the previous day’s closing price of USD 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.
Based in Memphis, Tennessee, Verso Paper Corporation is a leading North American producer of coated papers, including coated groundwood and coated freesheet, and specialty products. Verso’s paper products are used primarily in media and marketing applications, including magazines, catalogs, and commercial printing applications, such as high-end advertising brochures, annual reports, and direct-mail advertising. Additional information about Verso is available at www.versopaper.com.