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New York & Company, Inc. (HX6.F)

Frankfurt - Frankfurt Delayed price. Currency in EUR
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0.0100-0.0005 (-4.76%)
At close: 8:00AM CEST
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  • K
    Kumar
    Why someone is paying 40 million for some assets and why not buying out the company at .60 cents per share with the same amount?
  • J
    James
    This was all done by design. Best time in the history of the economy to file for bankruptcy. close the stores to avoid lease agreements etc. when they're a liability regardless. only one catch though, if and when they sell the website, the stock ticker wont follow. It will fade away and everyone who owns will lose.
  • F
    Fredy
    The first news seems to be positive! Forbearance extended! business as usual!
  • J
    James
    Trading has been halted and should resume at 2:16 PM ET. Big news coming. Fingers crossed!
  • F
    Fredy
    Trading resumed!
  • C
    Cody
    Do they not have to send investors a letter or email before they get delisted?
  • c
    chris
    what is happening!
  • m
    markr
    From what I understand, the late After Hours price jump on 6/5 was due to an 8k form filled with the Securities and Exchange Commission basically explaining that RTW had negotiated and reached an agreement with it's main creditor (Wells Fargo), including an amended (now $75 million) line of credit. At the beginning of the COVID crises, RTW closed it's stores and furloughed many employees. Like many other retailers, RTW was financially struggling. The new announced $75 million line of credit will help as they should be opening back up soon. Hopefully we see RTW stock price shoot up next week as the economy begins to open back up.
  • C
    Cody
    I hope this is a good day.
  • l
    lady genius
    Delisting.
  • K
    Kumar
    Run....hide.....do something....but don't be here.......
  • F
    Fredy
    Halted!
  • D
    DMD
    Any ideas why this is advancing on heavy volume?
  • A
    A
    If the market stays hot RTW could punch thru .50 in the next day or two would be clear sailing all the way to .75
  • K
    Kumar
    Not sure if anyone noticed, the stock price is .16 cents, and has .94 cents of cash per share and the latest quarter the business made a loss of.62 cents.....just to make it clear in just one more quarter the cash will be vanished...this is one of the very few stocks that has enterprise value as a negative value, means the market capital is way less than the enterprise value, but it is for a reason......
  • s
    sherly
    Just saw RTW published on the daily alert watchlist at (http://tradenow.xyz)
  • A
    A
    Volume says someone knows something. A $1 cash bid seems about right.
  • c
    catch87
    Should run tomorrow, California reopening retail stores on Friday most states open or reopening this week.
  • F
    Fredy
    Here for the bounce! 😁
  • K
    Kumar
    Why is this going up? People at top level leaving the organization itself is a bad sign, forget about technicals. Any inputs? any idea if they own any real estate? any recent count of the stores (what is closed permanently )? Thanks....Waiting for Q1 .....
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