I'm wondering if a stock that has hit zero, meaning it's completely lost its value in the market, can ever recover and bounce back to a positive value again.
6 answers
HanbokGlamour
Wed Nov 13 2024
A stock's recovery from a zero value is indeed a possibility.
EclipseChaser
Wed Nov 13 2024
When a company faces severe financial difficulties, it may opt to file for Chapter 11 bankruptcy.
Michele
Wed Nov 13 2024
This legal process allows the company to restructure its finances and debts.
KatanaSwordsmanshipSkill
Tue Nov 12 2024
During the restructuring phase, the company aims to stabilize its operations and regain financial health.
Valeria
Tue Nov 12 2024
Once the restructuring is successful and the company is back on track, the stock will become unfrozen.