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Why did GM change it's stock symbol from GM to GMGMQ.PK and what does bankruptcy have to do with stock symbol?
Wiki User
∙ 14y ago
GMGMQ.PK is a "pink sheet" listing. It is a symbol used for very high risk stock.
Wiki User
∙ 14y ago
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What is the significance of a q in a stock quote?
A Q placed at the end of a ticker symbol represent that the company has filed for bankruptcy and or is in bankruptcy proceedings. Ex. GMGMQ - the new symbol for General Motors or Ex. SIXFQ - the new symbol for Six Flags
What is the ticker symbol for Mervyn's?
Mervyn's was a private company so it did not have a ticker symbol or any stock that was available to the public. In 2008, Mervyn's filed for Bankruptcy and all stores were closed and merchandise liquidated.
What will happen to your stock if gm files bankruptcy?
your stock will go to 30 dollars!
What is the ticker symbol for Dooney and Burke?
Dooney & Bourke is a private company, hence the lack of a ticker symbol. Kind of like Chrysler after the bankruptcy. These companies are not traded on the stock markets and you cannot find financial information for them very easily.
Southern company stock symbol?
Southern Company's stock symbol is "SO"
Generally what does it mean if a company's stock ticker symbol ends in a Q?
It's in bankruptcy
What letter is added to a company's stock ticker symbol to indicated that it is involved in bankruptcy proceedings?
Q
Will gm stock bought under the ticker symbol gmgmq be automaticlly be transferred to the new stock symbol after the company comes out of bancruptcy?
The short answer is no. The long answer involves the government-controlled bankruptcy.
What is the significance of a q in a stock quote?
A Q placed at the end of a ticker symbol represent that the company has filed for bankruptcy and or is in bankruptcy proceedings. Ex. GMGMQ - the new symbol for General Motors or Ex. SIXFQ - the new symbol for Six Flags
What is the significance of a q in a ticker symbol?
It varies and depends on where the q is placed. If it is at the end of the symbol then it most likely means that the company is in bankruptcy. Ex. GMGMQ is the new symbol for General Motors and will remain so until it emerges from bankruptcy. The Q allows investors to see that bankruptcy is an issue when investing in such securities. With a stock like GM most investors already know about the bankruptcy but for smaller more obscure companies an investor may not realize it and the ticker symbol gives them notice.
What is old stock of winn dixie worth from the 90s?
Nothing. Winn-Dixie declared bankruptcy in 2006 and their stock became worthless. The current stock is a new stock symbol and is worth $9.25/share. Your stock is only worth something if purchased after 2007.
What is the ticker symbol for Mervyn's?
Mervyn's was a private company so it did not have a ticker symbol or any stock that was available to the public. In 2008, Mervyn's filed for Bankruptcy and all stores were closed and merchandise liquidated.
What does the ticker symbol Q stand for?
When a company is involved in bankruptcy proceedings, the letter "Q" is added to the end of the company's stock ticker symbol. The NYSE ticker symbol "Q" by itself stands for Qwest Communications International Inc.
Walmart stock symbol?
Walmart has stock symbol of WMT.
What was the old stock symbol for LILCO?
The stock symbol was LIL.
What is the stock symbol for Glock?
GmbH is the Glock stock symbol.
What is the stock symbol for Ford?
The stock symbol for Ford is F.
