Forever is a long time, particularly in the stock market.
The Wall Street Journal archives are full of stories of companies
that were once the toast of the town… only to fall into irrelevance or
bankruptcy.
Enron, Lehman Brothers, BlackBerry (Nasdaq: BBRY) and JC Penney (NYSE: JCP) are all fine examples of companies that were once leaders in their respective industries.
Enron and Lehman Brothers are long dead, and BlackBerry and JC
Penney are currently fighting for their lives and may not survive 2014. (more)
Please share this article
No comments:
Post a Comment