Best Stocks
WeWork Investment Cost SoftBank $14.3B in Total Accumulated Losses
SoftBank saw $14.3 billion in accumulated losses as a result of its investment in the recently collapsed WeWork.
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Bankruptcy
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Bankruptcy
Market Analysis
Why Did iRobot Shares Collapse Over 80% in Premarket?
iRobot shares fell more than 80% in premarket trading after the company filed for Chapter 11 bankruptcy and agreed to be acquired by its primary manufacturer.
Best Stocks
WeWork Down 97% Over a Year as Firm Reportedly Heading for Bankruptcy
WeWork's shares are down 40% in Wednesday's premarket after reports revealed the company plans to file for bankruptcy next week.
Best Stocks
SmileDirectClub Extends Losses After Bankruptcy, Down 42% Today
Shares of dental aligner company SmileDirectClub fell 77.5% since filing for bankruptcy last week.
Best Stocks
Evergrande Up 28% Amid Investigation, Bankruptcy Concerns as Trading Resumes
Evergrande shares soared more than 28% in their first trading day after suspension.
Best Stocks
Yellow’s Shares Plummet 36% as Trucking Company Announces Bankruptcy
99-year-old US trucking firm Yellow Corp. filed for bankruptcy protection on Monday, sending its shares tumbling over 33%.
Crypto
Bittrex US to Open Customer Withdrawals on June 15 After Court Ruling
Bittrex departed the US market earlier this year due to mounting pressures from the SEC and other regulators.
Policy
Court Rules That $375M of Users’ Crypto in Interest Accs Belongs to BlockFi
This Thursday, a Federal Judge ordered BlockFi to repay nearly $300 million to its customers, but ruled that an additional $475 million in interest-bearing accounts is…
Market Analysis
Crypto Exchange Bittrex Files for Chapter 11 Bankruptcy
A month after announcing its departure from the US, and several weeks after getting targeted by the SEC, Bittrex has filed for Chapter 11 bankruptcy.
Market Analysis
BlockFi Greenlight to Sell $4.7 Worth of Mining Rigs by Bankruptcy Court
The bankruptcy court in New Jersey recently approved BlockFi’s sale of 6,400 cryptocurrency mining rigs.
Market Analysis
Judge Approves Transfer of $20M Worth of Core Scientific Equipment to PPM
Today’s decision formalized a previous “good faith” agreement between Core Scientific and Priority Power Management.
Market Analysis
The Warnings Signs and Red Flags Before Three Banks Fell
Could regulators have drawn from multiple red flags to halt SVB's downfall?
Policy
US Authorities Contest Court Approval of $1B Binance.US-Voyager Acquisition
While allegedly now on board with much of Voyager’s restructuring strategy, US authorities are still objecting to some of the key bankruptcy protections guaranteed by the…