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home / news releases / VBK - Bankrupt Revlon Had Massive Trading Volume Last Week - What Is Happening?

VBK - Bankrupt Revlon Had Massive Trading Volume Last Week - What Is Happening?

Vanguard Small-Cap Growth
  • Revlon was the most active stock on Friday with over 146 million shares traded, compared to a float of just over 7 million shares.
  • Revlon filed for Ch.11 bankruptcy late on June 15 in New York.
  • According to a report, Indian Reliance Industries might be interested in buying Revlon.
  • NYSE has commenced proceedings to delist Revlon.
  • Citibank's $900 million payment error is a wildcard in potential recoveries under a Ch.11 reorganization plan.

For further details see:

Bankrupt Revlon Had Massive Trading Volume Last Week - What Is Happening?
Stock Information
Company Name: Vanguard Small-Cap Growth
Stock Symbol: VBK
Market: NYSE
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