What happens when a stock is delisted from NYSE?
What happens when a stock is delisted from NYSE? When a company delists, investors still own their shares. However, they'll no longer be able to sell them on the exchange. Instead, they'll have to do so over the ounter (OTC). Is a delisted stock worthless? A delisted stock can theoretically be relisted on a major exchange, but it's rare. What's more common than a relisting is that a delisted company goes bankrupt and the delisted stock becomes worthless. The company may be acquired by a private owner out of bankruptcy or be forced to liquidate. Can a stock be relisted...