Monday, July 1, 2013

What happens to my stock when a company emerges from bankruptcy? and Stock

What happens to my stock when a company emerges from bankruptcy?



I own stock in a company that is getting ready to emerge from bankruptcy, with a new stock symbol. Will my stock be converted into the new stock symbol or stay the old symbol? Will my current stock be worth the same price as newly issued common stock? What will happen to my shares?


Stock best answer:

Answer by Nights~
It implodes


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