Hello Experts,
I wonder what would be the value of the shares if a company files bankruptcy? I was thinking that there will be no value for those shares and nobody would trade those shares. But I am getting surprised on seeing that General Motors shares are still under trading after they filed bankruptcy earlier this week. Could someone explain it ?
Thanks,
Gouri
I wonder what would be the value of the shares if a company files bankruptcy? I was thinking that there will be no value for those shares and nobody would trade those shares. But I am getting surprised on seeing that General Motors shares are still under trading after they filed bankruptcy earlier this week. Could someone explain it ?
Thanks,
Gouri