KTN is a stock ticker symbol for the Lehman ABS Corporation. However, Lehman ABS Corporation is a defunct company that was a subsidiary of Lehman Brothers Holdings Inc. The company was created to issue asset-backed securities, which are securities that are backed by pools of underlying assets such as mortgages, credit card receivables, or car loans.
After the bankruptcy of Lehman Brothers Holdings Inc. in 2008, Lehman ABS Corporation filed for bankruptcy and its assets were sold to other companies. As a result, KTN stock is no longer trading on any stock exchange and has no value.
KTN is a stock ticker symbol for the Lehman ABS Corporation. However, Lehman ABS Corporation is a defunct company that was a subsidiary of Lehman Brothers Holdings Inc. The company was created to issue asset-backed securities, which are securities that are backed by pools of underlying assets such as mortgages, credit card receivables, or car loans.