Are delisted shares worthless?

Are delisted shares truly worthless, or is there still potential value in them? Many investors may be left wondering after hearing that a company's shares have been delisted from a major stock exchange. While it's true that delisting can signal financial distress, it doesn't necessarily mean the shares are completely worthless. In fact, there may still be opportunities for investors to recoup some of their investment or even profit from the situation. So, let's take a closer look at the implications of delisting and what it could mean for shareholders.