Bankruptcy

New Fortress Energy recently announced it filed for Chapter 15 bankruptcy. For RapidRatings clients, this didn’t come as a surprise.

RapidRatings identified several major retailers like Children's Place, QVC, and Walgreens as high-risk due to debt or outdated models, while smaller firms face disproportionate challenges.

We have been tracking iRobot’s deterioration since 2021.

For those who were watching closely, Luminar’s imminent bankruptcy isn’t sudden at all.