Which zombie companies will go bankrupt before 2025?
➕
Plus
36
Ṁ11k
resolved Jan 2
Resolved
NO
Affirm (AFRM)
Resolved
NO
Allbirds (BIRD)
Resolved
NO
AMC Entertainment (AMC)
Resolved
NO
Carvana (CVNA)
Resolved
NO
Clear Channel Outdoor Holdings, Inc. (CCO)
Resolved
NO
DoorDash, Inc. (DASH)
Resolved
NO
Freshpet Inc (FRPT)
Resolved
NO
GameStop Corporation (GME)
Resolved
NO
Mattel, Inc. (MAT)
Resolved
NO
Peloton Interactive (PTON)
Resolved
NO
Rivian (RIVN)
Resolved
NO
Robinhood Markets (HOOD)
Resolved
NO
Shake Shack (SHAK)
Resolved
NO
Snap (SNAP)
Resolved
NO
Sunrun (RUN)
Resolved
NO
Twilio (TWLO)
Resolved
NO
Uber Technologies (UBER )
Resolved
NO
Wayfair (W)

The 18 companies listed have been described as "zombie companies." With rising interest rates, some have speculated that these companies might not be able to survive increasing debt costs.

Each answer will resolve YES individually if that company files for bankruptcy by December 31, 2024 11:59 pm ET. Mergers or acquisitions will resolve NO. In the event that one of the 18 companies merges with or is acquired by another company, and then that second company files for bankruptcy by the deadline, then that answer will resolve YES. All other outcomes will resolve NO.

Background:

Fall of the zombies? Why corporate failures could surge in 2024

Zombie Companies: Everything You Need to Know

  • Update 2025-02-01 (PST): - All answers will resolve as NO, regardless of bankruptcy filings or mergers/acquisitions. (AI summary of creator comment)

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@creator can resolve

@Ziddletwix I can't resolve but have reached out to @mods. FYI:

@MickBransfield Weird! Are you trying to resolve these all NO?

(I can try as a mod—not supposed to resolve where I have a position but if asked is fine)

@Ziddletwix Yes, please resolve all as NO.

@MickBransfield no idea why you couldn't resolve! but should be set now.

Zombies: Ranks of world’s most debt-hobbled companies are soaring, and not all will survive

https://apnews.com/article/zombie-business-corporate-debt-investing-interest-borrowing-52bd9ebbe1dd98983d39fe7d14e3c7fd

PELOTON ANNOUNCES COST REDUCTION EFFORTS TO POSITION COMPANY TO SUSTAIN MEANINGFUL, POSITIVE FREE CASH FLOW

https://investor.onepeloton.com/news-releases/news-release-details/peloton-announces-cost-reduction-efforts-position-company

AMC Entertainment Shares Plunge On Proposed Stock Sale As Chain Cites Soft Box Office, Cash Burn

https://deadline.com/2024/03/amc-entertainment-shares-plunge-stock-sale-soft-box-office-1235870571/

The Rooftop Solar Industry Could Be on the Verge of Collapse

https://time.com/6565415/rooftop-solar-industry-collapse/

to my knowledge, GME was able to pay off its debt when the stock price was high. Don’t think they’ll have any problem with rising interest rates. Consumer spending might be the biggest issue

MASSACHUSETTS ENFORCEMENT ACTION AGAINST ROBINHOOD ENDS WITH HUGE WIN FOR INVESTORS AND THE STATE’S INVESTOR PROTECTION RULE

https://bettermarkets.org/newsroom/massachusetts-enforcement-action-against-robinhood-ends-with-huge-win-for-investors-and-the-states-investor-protection-rule/

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