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I mean, some of them do. Hertz's recent bankruptcy[1] and outlandishly...audacious[2] stock offering is one counterpoint. But it was a crazy year+ [1] https:/
by breput 5y ago
I mean, some of them do. Hertz's recent bankruptcy[1] and outlandishly...audacious[2] stock offering is one counterpoint. But it was a crazy year+
[1] https://www.marketwatch.com/story/bankrupt-hertz-shares-soar-62-on-news-of-deal-to-exit-chapter-11-that-will-benefit-shareholders-11620845287 https://www.marketwatch.com/story/bankrupt-hertz-shares-soar...
[2] https://www.bloomberg.com/news/articles/2020-06-18/what-it-means-to-buy-stock-in-a-bankrupt-company-like-hertz https://www.bloomberg.com/news/articles/2020-06-18/what-it-m...