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Delisted stock

A delisted stock is one whose fundamentals no longer meet the requirements of the NYSE or the Nasdaq.

Expanded Definition

Generally, the stock will go to the OTC:BB exchange for trading. It may or may not have a new ticker symbol. You can still trade the stock, but there may not be as much liquidity, which can translate into lower prices for the stock (because of the lack of demand). Unfortunately, the commissions can sometimes cost more than the proceeds from the sale of the stock.

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