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Energy XXI Confirms It Will Voluntarily File For Chapter 11 Bankruptcy
Thursday, April 14, 2016 - 8:55am | 349Read More...Shares of Energy XXI Ltd (NASDAQ: EXXI) plummeted more than 75 percent early Thursday morning after the company announced that it and some of its subsidiaries have entered into a Restructuring Support Agreement (RSA) with holders of more than 63 percent of its secured second lien 11.0 percent notes...
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Republic Airways Files For Chapter 11 Bankruptcy, Shares Lose 75%
Friday, February 26, 2016 - 8:32am | 232Read More...Republic Airways Holdings Inc. (NASDAQ: RJET) announced after Thursday's market close that the company and some of its subsidiaries have filed for Chapter 11 bankruptcy. Shares of Republic Airways lost nearly 75 percent of its value and sank to $0.90 during Friday's pre-market session. Republic...
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KaloBios Files For Bankruptcy
Wednesday, December 30, 2015 - 9:56am | 183Read More...Shares of KaloBios Pharmaceuticals Inc (NASDAQ: KBIO) have been halted since the company's controversial CEO Martin Shkreli was arrested on fraud charges on December 17. KaloBios has since fired Shkreli and on Monday appealed a decision by the Nasdaq exchange to delist its shares. In the...
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5 Bankrupt Companies You Can Still Trade
Tuesday, August 12, 2014 - 12:33pm | 638Read More...When a company files for Chapter 11 bankruptcy, its life as a publicly traded company has not necessarily come to an end. Shares often trade over-the-counter (OTC) while the company undergoes the bankruptcy process. Although the stock trades, holders will mostly likely end the bankruptcy...
