Ambac Financial Group, Inc. ABK is going to file for bankruptcy, according to a report from ZeroHedge.
The company, which no longer has active operations, was in the bond insurance business and came to a halt at the beginning of the financial crisis in 2008.
The last trade for the stock was 51 cents, up 1 cent on the day.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in