Shift: Why Shift Technologies Stock Is Sinking Monday

Shift Technologies Inc (NASDAQ: SFT) shares are plunging Monday morning after the company said it will file for Chapter 11 bankruptcy protection. What Happened: Late Friday, Shift Technologies announced it intends to file a voluntary Chapter 11 petition in the U.S. Bankruptcy Court and implement an orderly wind down of its business. The omnichannel used car retailer said it ...Full story available on Benzinga.com