Delist Worthless

Delisting refers to the removal of a company's stock from a stock exchange, either voluntarily or due to failure to meet the exchange’s listing requirements. When a stock is delisted as worthless, it means that the company’s financial condition has deteriorated to the point where its shares are considered valueless. This can happen when a company goes bankrupt or experiences severe financial difficulties, causing the stock price to plummet to nearly zero. Investors holding such shares may face total losses.

Example

When a company files for bankruptcy and its stock is delisted, shareholders may find their shares worthless, as the company no longer has assets to pay off its liabilities.