An increase in US corporate bankruptcy filings in November could push the total for 2024 to a 14-year high, according to a Monday note from S&P Global Ratings.
- 69 firms filed for bankruptcy in November, the second-most in one month since 2021, Nick Lazzaro and Umer Khan write
- Filings accelerated in November instead of slowing down as they have in previous years
- In 2024, 634 firms have already filed for bankruptcy — just below a 14-year high — with nearly one month to go
- Consumer discretionary companies have filed the most bankruptcies this year, followed by industrials and ...
- Consumer discretionary companies have filed the most bankruptcies this year, followed by industrials and ...
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