U.S. corporate bankruptcies continue to pile up amid the coronavirus pandemic but at a rate that continues to slow down from earlier in the crisis.
Twenty companies joined the list of bankruptcies in the last two weeks, according to an S&P Global Market Intelligence analysis. This is slightly below the number of filings in comparable periods since August when Market Intelligence began tracking the bankruptcies. In previous two-week periods, bankruptcies numbered as high as 31 or 25. In the prior edition of this tracker, published Oct. 5, 22 bankruptcies occurred over two weeks.
A total of 527 companies have entered bankruptcy proceedings in 2020 as of Oct. 18. The year-to-date count continues to trend higher than comparable levels since…
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