Which zombie companies will go bankrupt before 2025?
➕
Plus
30
Ṁ3746
Jan 1
32%
Peloton Interactive (PTON)
24%
Allbirds (BIRD)
21%
Wayfair (W)
20%
Rivian (RIVN)
19%
Clear Channel Outdoor Holdings, Inc. (CCO)
18%
GameStop Corporation (GME)
17%
AMC Entertainment (AMC)
17%
Carvana (CVNA)
17%
Shake Shack (SHAK)
16%
Sunrun (RUN)
15%
Affirm (AFRM)
15%
DoorDash, Inc. (DASH)
14%
Snap (SNAP)
14%
Mattel, Inc. (MAT)
14%
Twilio (TWLO)
12%
Freshpet Inc (FRPT)
12%
Robinhood Markets (HOOD)
6%
Uber Technologies (UBER )

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

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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 Interactive (PTON)

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/

Sunrun (RUN)

The Rooftop Solar Industry Could Be on the Verge of Collapse

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

GameStop Corporation (GME)

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

Robinhood Markets (HOOD)

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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