FTD's stock was as low as 13 cents a share today mid trading session. I can't figure out who in their right mind would even pay 10 cents a share for a company that is actively liquidating every profitably part of their business. The building is currently on fire, and the dead cat bounce has already happened. Get out while you can, if you can. - RUN
3 replies (most recent on top)
Do they legally have to pay you severance if they lay you off after they have already declared bankruptcy?
Given that the company declared bankruptcy, shouldn't the value be zero?
I ran in April.