Chris Dillow 

When troubles multiply

Chris Dillow

Chris Dillow
When troubles multiply

One feature of 2018 so far is that several troubled companies have become even more troubled. Stocks such as Capita (CPI), Carpetright (CPR), AA (AA.), Mothercare (MTC) and Debenhams (DEB) have continued to fall, while Carillion has collapsed and Conviviality (CVR) is close to following it. These sad experiences confirm a historic pattern, for distressed stocks to do badly.

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