· *Popular bankruptcy plays Hertz and JCPenney plummeted as much as 38% and 34%, respectively, on Monday as investors secured massive gains.*
· *Both stocks recently surged on an unexpected wave of interest from retail traders looking for quick profit amid bankruptcy proceedings.*
· *The heavy volatility drove both companies...
Popular bankruptcy stocks Hertz, JCPenney plummet as risk-loving investors cash out
Business Insider
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