Generally on Court approval of a Bankruptcy Plan that includes cancellation of the equity (which JC Penney’s plan does) it can be a few weeks...although I have also seen a few months before FINRA deletes the ticker. It all depends on how long it takes for the Debtor to notify FINRA of the Court’s Order and then how long FINRA takes to process the Corporate Action to delete the ticker.
The FINRA action is then listed in the Dailylist which generally shows up at around 5 pm EST on the day it occurs. There is then no ticker the next day at market opening.
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