I was speaking to one of my Venture Capitalist friends. She believes Audacy is about to declare bankruptcy. Their stock is worthless. They are loaded with debt. There is no way to rebound especially with an uncertain economy approaching ie: possible recession. Path the (top) creditors will want is liquidation and start selling assets to try to take minimal losses. Audacy will want to renegotiate or BKP reorg. (Prolong the pain so the top executives can rape and pillage some more).