• 09/21/2024

Mallinckrodt Stock Sinks as It Considers Another Bankruptcy

Wall Street Journal

The stock fell by 40% after the drugmaker said it is in talks with creditors about options including a second bankruptcy filing to fix its balance sheet and address a $200 million payment due this month.

https://www.wsj.com/articles/mallinckrodt-stock-sinks-as-it-considers-another-bankruptcy-8f20f6a9