So August 2020 I decided to buy Line Corp’s stock ($LN) because I think the company has great potential for growth. However, December 2020 the corporation decided to delist itself from the New York Stock Exchange because of the following reason:
“LINE Corporation announced today that its proposal to conduct a share consolidation was approved at the extraordinary general meeting of shareholders held on December 15, 2020.”
Has anybody experienced a stock being delisted before? What do you recommend doing in this situation? Or what can I do/ what are my options?
(PS, I do invest a good chunk of my money in index funds, but I have a budget to experiment other investments like individual stocks.)