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Tag: tumbles

Tag: tumbles

Saks’ Distressed Debt Tumbles to Lows Ahead of Interest Deadline

Saks’ Distressed Debt Tumbles to Lows Ahead of Interest Deadline

12 December, 2025 admin 0 Comments FASHION 10:56 pm

Saks Global Enterprises’ debt has sunk to new lows in recent days as the luxury retailer faces a more than $100 million interest payment deadline at the end of the month amid sales declines and…

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Navan IPO tumbles 20% after historic debut under SEC shutdown workaround

30 October, 2025 admin 0 Comments TECHNOLOGY 10:16 pm

Navan, the corporate travel and expense platform, finished its first day of trading on the Nasdaq on Thursday down 20% from its $25 IPO price, resulting in a valuation of approximately $4.7 billion for the…

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