The New York Stock Exchange (NYSE) suspended trading of JCPenney’s common stock on May 18, 2020 and JCPenney’s common stock has been delisted from the NYSE.
This is a typical action by the NYSE for companies that are restructuring through the Chapter 11 process.
JCPenney’s common stock can now be traded on the OTC Bulletin Board or “pink sheets,” under the ticker JCPNQ.
This transition does not change the Company’s reporting requirements under SEC rules.
Any recovery to existing shareholders will ultimately be determined in connection with the Court-supervised process.
Please contact your investment advisor or brokerage firm to discuss the options available to you.
