Aug
12
12
when a company is delisted on nasdaq what happens when it gets reinstated? Does the shares stay the same ?
Posted by admin
I mean lets say I own 300 shares of XYZ. XYZ gets delisted due to bankruptcy. When it re-emerges from bankruptcy and gets reinstated by nasdaq those 300 shares are still valid?
If i had 300 shares before it got delisted will i have 300 when it gets reinstated?
No. The prices will have changed, most likely downward.
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No. The prices will have changed, most likely downward.
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