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# SFXE Stock Fell Another 9.5% Wednesday, Analyst Predicts Bankruptcy
- URL: https://www.hypebot.com/sfxe-stock-falls-4-wed-morning-as-analyst-predicts-bankruptcy/
- Published: 2015-08-19T16:07:00.000Z
- Updated: 2015-08-19T16:07:00.000Z
- Description: [UPDATED] The battered stock of promoter and EDM culture hub SFX Entertainment (SFXE) fell another 9.5% on Wednesday, closing at $1.04. Yesterday, Wall Street's Seeking Alpha said that SFX was running out. Continue reading [https://www.hypebot.com/hypebot/2015/08/sfxe-stock-falls-4-wed-morning-as-an
- Author: Bruce Houghton
- Tags: Live & Ticketing, Music Business, Startups & Funding, bEATPORT, Electronic dance music, Electronic music, Hypebot, Initial public offering, Los Angeles, Public company, Robert F. X. Sillerman, SFX (magazine), Share price, #wp, #wp-post, #Import 2026-01-21 10:28

[![image from www.hypebot.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c7c173b5970b-100wi "image from www.hypebot.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c7c173b5970b-popup?ref=hypebot.com)\[UPDATED\] The battered stock of promoter and EDM culture hub **SFX Entertainment** (SFXE) **fell another 9.5%** on Wednesday, closing at $1.04\. Yesterday, Wall Street's **Seeking Alpha** said that SFX was **running out of cash** and likely **headed to bankruptcy**.

In stark terms, [Seeking Alpha](http://seekingalpha.com/article/3448436-sfx-entertainment-the-house-of-cards-is-collapsing?ref=hypebot.com) summarized the plight of SFXE.

- SFXE shares are down over 70% since we published on the stock.
- We believe there is still another 100% decline to go.
- SFXE is quickly running out of cash and liquidity.
- Ticket sales and festival popularity appear to be in decline.
- We believe bankruptcy is next.

SFXE stock began its latest dramatic decline on Friday, after CEO Sillerman missed a Thursday deadline to finance a stock buyback, and continued on Monday and Tuesday.

More [here.](https://www.hypebot.com/hypebot/2015/08/sfxe-tumbles-as-low-as-103-tuesday-am-ny-stock-exchange-delisting-now-a-possibility-.html%20)

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