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The latest announcement is out from Delta Apparel (DLAPQ).
Delta Apparel, Inc. and its subsidiaries, having filed for Chapter 11 bankruptcy, urges caution to investors, noting that trading its stock during this period is highly speculative and could lead to significant or total losses. The company’s Monthly Operating Report for July 2024, while fulfilling court requirements, should not be relied upon for investment decisions as it’s not audited, may be adjusted, and does not follow standard accounting principles. Investors should be aware that the company’s financial outlook and the value of its securities are uncertain during the bankruptcy process.
Learn more about DLAPQ stock on TipRanks’ Stock Analysis page.