Robinhood traders are piling into Hertz, JCPenney, and other bankruptcy stocks despite the massive risks
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· *Robinhood traders are betting on bankrupt companies including Hertz and JCPenney, even though shareholders tend to be losers in the bankruptcy process.*
· *Hertz, JCPenney, and Whiting Petroleum shares all rose more than 95% on Monday, while Chesapeake Energy and GNC, which are close to filing for bankruptcy, rose...