Surgalign shares are trading lower after the company filed for Chapter 11 bankruptcy.
Portfolio Pulse from Benzinga Newsdesk
Surgalign has filed for Chapter 11 bankruptcy, causing its shares to trade lower.
June 20, 2023 | 11:46 am
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Surgalign's shares are trading lower after filing for Chapter 11 bankruptcy.
Surgalign's filing for Chapter 11 bankruptcy indicates financial distress, which negatively impacts investor confidence and leads to a decline in the company's share price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100