BREAKING: 9 large companies filed for bankruptcy in the US last week
Recent data indicates a significant surge in corporate instability, with nine major U.S. companies filing for bankruptcy just last week. This spike has pushed the three-week average to six filings per week—the most aggressive pace seen since the 2020 pandemic. $BERA
Key Context
The Scale: Over the last 21 days, at least 18 corporations with liabilities exceeding $50 million have entered bankruptcy proceedings.
Historical Comparison: This current rate of collapse is rarely seen, previously occurring only during the 2020 pandemic, the 2008 Financial Crisis, and the aftermath of the 2001 recession. $ALLO
The Benchmarks: While the current average is six, the all-time high for this century was reached in 2009, when the three-week average peaked at nine. $ASTER
The data suggests that the wave of large-scale corporate bankruptcies is not just continuing, but rapidly accelerating.
