What will happen to my Weatherford stock? Does it get deleted from all online accounts?
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I’m newer to trading. Maybe someone can explain to me. I bought stock in Weatherford last year.... at maybe .10 a share... then they filed BK, changed symbol to WTFIF, then emerged from BK and it would appear on my trading app that my stock just disappeared? Can anyone advise in plain English for a rookie what just happened here?
The WFT stock you have/had is now worthless. You should have sold it 6 months ago if not before.
After Ch.11 there will be a new ticker symbol for the new stock.
I remember when wft stock was 57 a share
New Weathertord stock identifier on the OTC market!
WFTIF - or Weathertord in Free-fall!
See following article explaining the different possible outcomes!
https://www.investopedia.com/ask/answers/06/chapter11stocksbonds.asp
Worth less than a stack of unused radar cards.