Enjoy Technology stock soars 400% after Chapter 11 bankruptcy filing - Markets Insider

Enjoy's inability to raise cash by selling more stock amid a painful bear market means it now must reorganizing its debts in bankruptcy court.

Shares of Enjoy Technology extended a two-day rally to as much as 400% on Wednesday after the at-home retailer filed for Chapter 11 bankruptcy last week. The price action makes Enjoy the latest comp… [+2008 chars]

full article...