Delta Apparel’s Bankruptcy, Stock Risks, and Director Resignation

Delta Apparel (DLA) has shared an update.

Delta Apparel, Inc. is in the process of being delisted from the NYSE American after filing for Chapter 11 bankruptcy, with trading of its common stock suspended and expected to move to over-the-counter markets. Investors are warned that stock trading is highly speculative and could result in significant losses. J. Bradley Campbell has also resigned from the Board of Directors. The company’s future, including the outcome of the bankruptcy and an asset sale agreement, holds various risks and uncertainties that could affect its financial recovery and stock value.

See more data about DLA stock on TipRanks’ Stock Analysis page.