Knowledge of how and when to react to a business defaulting is essential; cutting ties with a customer or supplier too soon could lead to a missed sales opportunity, while being too late can result in financial loss.
As the world grapples with a new surge of COVID-19 infections, it is worth revisiting Hertz Global Holdings’ bankruptcy and what their tribulation should teach you about other distressed travel names in your portfolio.
In the restaurant industry during COVID-19, the ability to pay your bill today doesn't mean that you can just as easily pay the bill tomorrow. We see the danger in many high-profile eateries across the U.S.
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