LongHaul Posted March 3, 2020 Posted March 3, 2020 Which businesses are likely to go bankrupt from the Coronavirus? The obvious candidate are weaker airlines and travel related companies. We could have 3 month to over a year of super weak bookings.
gokou3 Posted March 3, 2020 Posted March 3, 2020 Restaurant, theatre, concert/public-gatherings? A few Chinese restaurants in the Vancouver area have closed for good.
kab60 Posted March 3, 2020 Posted March 3, 2020 Norwegian airline Norwegian Air Shuttle was in pretty dire straits before coronavirus (3 capital raises in a year)... Multibagger and donut potential in one
Spekulatius Posted March 3, 2020 Posted March 3, 2020 A lot of commodity business ( energy, mining, steel etc) and their suppliers may succumb to lower prices/ demand and possibly tighter credit. E&P‘s had structural issues before and weaker prices may make the situation far worse ( if that’s possible). Same with steel.
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