RadioShack Offers Statement Related to Stock Price, Trading Volume


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In light of the tradingvolume in its common stock at prices in excess of $0.20 per share, RadioShackCorporation today reiterated its belief that there will be no recovery for anyequity holder in its pending Chapter 11 proceedings.Equity holders of a company in Chapter 11 bankruptcy generally receive valueonly if all claims of a company's secured and unsecured creditors are fullysatisfied. RadioShack said it believes that the claims of its secured andunsecured creditors will not be fully satisfied, leading to the conclusionthat RadioShack common stock has no value.

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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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