Tag: Revlon debt

The Institute of International Finance report published on Wednesday revealed that the nominal value of global debt decreased by $4 trillion, thereby bringing it under the $300 trillion threshold that was reached in 2021. This is the first time since 2015 that the global...

Cosmetics maker Revlon officially filed for Chapter 11 last week, but you wouldn't realize that by just looking at its stock (REV). Despite the bankruptcy, REV has been surging and saw a 138.89 percent increase in the past five days alone. Revlon stock plunged to...

According to industry insiders, cosmetics maker Revlon is bracing itself for a bankruptcy filing. The Wall Street Journal reports that the company is expected to file for chapter 11 protection in the coming weeks. The news immediately caused the REV stock to drop by 50%...