In financial terms what is a delisted security?
Answers:
Delisting refers to the practice of removing the stock of a company from a stock exchange so that investors can no longer trade shares of the stock on that exchange. This typically occurs when a company goes out of business or no longer satisfies the listing rules of stock exchange. Delisted securities may be traded on over-the-counter markets like the OTC Bulletin Board or Pink Sheets.
It is an indirect warning to its customers, clients etc. to excercise caution while dealing with the delisted company as their finances or dealings are not in good shape-.
Delisting refers to the practice of removing the stock of a company from a stock exchange so that investors can no longer trade shares of the stock on that exchange. This typically occurs when a company goes out of business or no longer satisfies the listing rules of stock exchange. Delisted securities may be traded on over-the-counter markets like the OTC Bulletin Board or Pink Sheets.
Has failed to maintain minimum exchange (whatever exchange it was on) listinng requirements or has been bought out so no more shares to trade.
to remove the stock of a company from the stock exchange for some reason.
A delisted security is.probably..worthless.
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