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Prediction: These 2 Struggling Stocks Won't Survive a Recession

Prediction: These 2 Struggling Stocks Won't Survive a Recession

Bad companies can survive when times are good, even if their business models fundamentally don't work. Carvana (NYSE: CVNA) and Wayfair (NYSE: W) made the most of the sky-high demand for used cars and home goods during the pandemic, but the bonanza is now over. Both companies are burning cash and are buried in debt, and neither might make it out of a prolonged recession.