US corporate bankruptcies rise to highest Q1 level since 2010
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 10 2025
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Increase in Corporate Bankruptcies: U.S. corporate bankruptcies rose to 188 in the first quarter of 2024, marking the highest level since 2010, with significant filings from sectors like industrials and consumer discretionary.
Notable Bankruptcy Filings: Major companies such as Forever 21, Nikola, Hooters, and Joann have filed for Chapter 11 bankruptcy, although overall bankruptcy levels remain lower than during the financial crisis peak in 2009.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
