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: Big Lots stock tumbles toward 32-year low after losses nearly double expectations, dividend suspended

Shares of Big Lots Inc. BIG tumbled 10.5% toward a 32-year low in premarket trading Friday, after the discount home essentials retailer reported a much wider-than-expected fiscal first-quarter loss and said it will suspend its dividend. Net losses for the quarter to April 29 swelled to $206.1 million, or $7.10 a share, from $11.1 million, […] The post : Big Lots stock tumbles toward 32-year low after losses nearly double expectations, dividend suspended appeared first on ForexTV... Read More

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Suspended

Forex

Posted: May 26 2023, 21:14

Author Name: forextv

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