Delta Apparel Files for Bankruptcy, Warns Investors

Delta Apparel ( (DLAPQ) ) has shared an update.

Delta Apparel, Inc. and its subsidiaries have filed for Chapter 11 bankruptcy, and investors are warned that trading the company’s stock is now highly speculative and could result in significant losses. The company also cautions against relying on its Monthly Operating Report for investment decisions, as it was not designed for that purpose, is not audited, and may not reflect the company’s ongoing financial condition.

For a thorough assessment of DLAPQ stock, go to TipRanks’ Stock Analysis page.