Conn's Shares Hit All Time Low

October 25, 2010

multipage

After issuing an update this week stating that losses are likely for the fourth quarter, Texas-based retailer Conn's saw its stock tumble to an all-time low on Friday.

According to Fox Business, the company had said that it will report a loss for the third quarter, and probably for the fourth quarter as well. The company said same-store sales have fallen 16 percent in the first two months of the current quarter.

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