Lori Price Quotes
What the market is saying is these are companies that are in a distressed state and ... may end up in Chapter 11. The market may or may not prove to be right. 
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Market | Companies | Distressed | State | Chapter |
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What it suggests is that they experienced more revenue erosion than they had counted on for January. It's encouraging for the long-term. They have a much higher cost base than they should given the size of their company so they need to right-size it. It's hard to lay off that many people, but they need to do it. I give them credit.
- Lori Price
