BIDENOMICS: ‘Historic Surge’ in Corporate Bankruptcies Across U.S., Highest Level Since COVID Pandemic

This is why the market is in free fall.  It has nothing to do with Electrovaya.  Now we are seeing why Electrovaya has delayed borrowing money for Jamestown.  I am sure that when there is a committed (Finacially) customer that Electrovaya will proceed.  Looks like they saw this coming.  They have weathered bad times before and I expect they will weather this one also.  Electrovaya being conservative may slow down in growth but I expect the 3rd Qtr will still be profitable.  Without having to make large loan payments puts them in a better position to weather the Recession !

https://www.thegatewaypundit.com/2024/08/bidenomics-historic-surge-corporate-bankruptcies-across-u-s/