14 “zombie stocks” still on Spanish stock market
14 companies are still listed on the Spanish stock market, despite being insolvent. These “zombie” stocks haven’t been delisted, but continue to clog up the system despite trading in their stocks being suspended. When trading in Vértice 360 was suspended by the Spanish market regulator CNMV after the company declared insolvency in April, this brought the number of Spanish stocks with trading suspended theoretically to 14.