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Stock impact report

Yet Another Popular US Powersports Company Files for Chapter 11 Bankruptcy Protection [Yahoo! Finance]

BRP Inc. - Common Subordinate Voting Shares (DOO) 
Company Research Source: Yahoo! Finance
like more layoffs were likely this year, but then BRP recorded a ridiculous 150% increase in year-over-year revenue in Q3 this year. Now, to muddy the waters even further, a well-established Florida-based powersports dealer has filed for Chapter 11 Bankruptcy. The company is Cycle Sport Center, Inc., which is an Orlando-based powersports dealership that recently filed for Chapter 11 bankruptcy in the hopes of restructuring its debts while continuing to operate normally. Filing for Chapter 11 bankruptcy, as the US e-bike company Rad Power Bikes did recently, is a voluntary move, and records show that the petition was submitted on December 29 in the U.S. Bankruptcy Court for the Middle District of Florida. Stay informed with our newsletter every weekday back Subscribe For more info, read our Privacy Policy Terms of Use Cycle Sport Center sells a variety of powersports brands, including Slingshot, Kawasaki, Polaris, KTM, and Yamaha. As for the types of vehicles and services speci Show less Read more
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