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Half-a-Billion Credit Crunch
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Half-a-Billion Credit Crunch

CPG creditor, Ampla, looking for a lifeline

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Snaxshot
Apr 29, 2024
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Half-a-Billion Credit Crunch
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“It’s time to call bullshit.

Bullshit on what?

Every fucking thing.”

The Big Short

When the market fails to regulate itself, we’re left with companies pouring millions into making alternative zebra meat, adaptogenic ramen and Skittles water. The ashes of Foxtrot are still burning, and if their demise was any indication of the ongoing market correction—UNFI’s stock being down bad, Boisson’s bust and now Ampla’s existential crisis, may just signal, we have indeed, reached the top.

TradingView chart
UNFI’s stock has dropped alomst 90%.

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