answersLogoWhite

0


Best Answer

Stock almost always becomes entirely worthless in bankruptcy. That said, the auto Cos are clearly a special situation...and while the stock becoming worthless is still almost certain...it is possible some small equity position will be held for existing stockholders. But any value will be very small.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What happens to your GM stock after they file for bankrupsy?
Write your answer...
Submit
Still have questions?
magnify glass
imp