Anyone know the reasons for, or implications of, this?
https://www.gurufocus.com/news/8598226/xrx-options-to-be-delisted-effective-february-9
8 replies (most recent on top)
@ar I think Ch 11 is closer than we think.
What would explain it?
There’s No Money Here.
They Broke!!!!!
"here's a coupon to buy our $2 stock that exchanges are saying is too weak to bother listing, at a future price of $8 dollars."
or put another way..."here's a coupon to buy a $2 burger, for $8 dollars!"
doesn't make sense huh?🤣
What a sick joke adding those $8 warrants is.
it moved to XRX1 because of the warrants getting added today
https://www.miaxglobal.com/sites/default/files/alert-files/XRX_Distribution_58294.pdf
I see my puts, the ticker is just XRX1 now
Could this explain why the stock is down 8% right now?
@ Goodwill guy can you help?
Yes, check your favorite brokerage. You can no longer trade Xerox options.
Is there any information confirming this outside of the autogenerated that is linked here?