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Wednesday, April 29, 2015 9:34:39 PM
This is what Investopedia had to say about the D.
How long does a stock that has done a reverse split keep the letter "D" at the end of its symbol?
By Casey Murphy AAA |
A:
A reverse split is a corporate action whereby a company reduces the number of shares outstanding and increases the price of its stock. A company may decide to use a reverse split to shed its status as a penny stock, or to avoid being delisted. A common type of reverse stock split is 1:2, which means that each investor receives one share for every two that he or she already holds. In other words, the investor gets half as many shares, but they're worth twice as much as before.
As the question states, a company that has undergone a reverse stock split often gets the letter "D" attached to the end of its ticker symbol. This letter is used to designate a company that is undergoing a stock split of some sort (most often a reverse split), or some form of corporate reorganization. This letter is generally attached to the end of the ticker for approximately 20 trading days before it's removed.
The split took effect on April 20th, May 15th is the 20th trading day
If you can't trade your shares by then. Get a lawyer.
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