ELI5: Explain Like I'm 5

delisted company

A delisted company is a company that was traded on a stock exchange but has been taken off the exchange. This often happens when companies don't perform very well and their stock prices go too low. It can also happen when a company gets bought out or merges with another company. When a company is delisted, it means that it is no longer possible to buy or sell its shares on the stock exchange.