My stock wants to changes its name from SUNW to JAVA?

Question

What should i do. Does this mean my stock is going to be worth 0 once the change happenes?

Answer 1

A corporate name change has no effect on the stock's value, and there is nothing you can do about it. It sounds like the stock symbol is changing, not the company name. SUNW is Sun Microsystems' symbol, and since they market Java the symbol change would make sense. A symbol change has no effect on the stock's value either.