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What happens when a company's stock price drops to zero?

Participants:

Posts: 2

RickeM

Banned

Joined: Feb, 2008

Posts: 7967

Posted: Oct. 24, 2008 - 12:23 AM ET #1

May be a dumb question but, I know shit about the stock market.

KOAJ

Covers Linesmen

Joined: Oct, 2005

Posts: 66698

Posted: Oct. 24, 2008 - 10:22 AM ET #2

usually below $1 or so a company will get delisted and move from nyse/amex/nasdaq to the pinks

then it will be traded by canadian market makers

things dont go to zero unless theres chapter 11...

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What happens when a company's stock price drops to zero?

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