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What's going on with basic energy stock today?

Posted on 12/27/16 at 11:17 am
Posted by rouxgaroux
DFW TX
Member since Aug 2011
637 posts
Posted on 12/27/16 at 11:17 am
Ticker bas
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 12/27/16 at 12:32 pm to
A specific?
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 12/27/16 at 12:55 pm to
quote:

What's going on with basic energy stock today?
Ticker bas
The company exited bankruptcy protection this morning.
LINK
Posted by crazycubes
Member since Jan 2016
5256 posts
Posted on 12/27/16 at 3:00 pm to
from 0 to 36? no way those are the same shares? Those have got to be re-issued shares correct?

ETA:

quote:

Existing shareholders of record as of the close of trading on December 23, 2016 will receive new common stock and warrants in the reorganized Company.


yep
This post was edited on 12/27/16 at 3:01 pm
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