If a company goes bankrupt what happens to your stock shares?

Answer Bankruptcy is the worst possible scenario for an investor. It means the company in which you invest in no longer has the assets to pay off its debts. However, if you own stock in a bankrupt company... Read More »

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What happens if the company I own stock in goes bankrupt?

A corporate bankruptcy of a publicly traded company can occur in one of two ways--either in Chapter 7 or Chapter 11 bankruptcy filings. The consequences to common stockholders can differ, depending... Read More »

What happens if you own stock in a bankrupt company?

If you own stock in a bankrupt company, you are likely to lose your entire investment. After the company files for bankruptcy, shares will continue to trade, but eventually trading ends and the sto... Read More »

Do bankruptcy costs lead to a decline of bankrupt company stock prices?

Bankruptcy has implicit and explicit costs. Explicit costs are the most obvious, the cost of hiring lawyers and filing court documents. Implicit costs include talent leaving the company, and the pe... Read More »

How many million shares of stock are traded on the New York Stock Exchange daily?

About 2,000 million exchanges are made every day on the New York Stock Exchange. In March 2010, the average daily volume was 2,128,546,521 shares traded daily. The number of shares traded changes e... Read More »