Party City Holdco Inc (fka PRTYQ)

[BeamMeUpScotty]

I think it’s more likely that something is already in the works here which is my speculation only. But this is the first time I’ve ever seen a company file for bankruptcy and have the stock suspended 1) in pre market trading and 2) for the whole day.

This is purely a guess on my part but it looks to me that it’s possible that an offer has already been made for the company.

Usually when a company files for bankruptcy they close any retail outlets and only re-open the profitable ones and often have a fire sale to realise any money they can from existing stock.

As I say, an all day suspension says something is afoot in my view.