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Big Lots ( (BIGGQ) ) has shared an update.
Big Lots, Inc. and its subsidiaries have filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware, with joint administration of their cases granted. The company has filed monthly operating reports for September and October, but cautions that these reports are not indicative of future financial results and were prepared solely for bankruptcy court requirements. The company expects common shareholders to face a complete loss on their investments due to the speculative nature of trading during bankruptcy proceedings.
More about Big Lots
YTD Price Performance: -95.88%
Average Trading Volume: 624,975
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $9.53M
For a thorough assessment of BIGGQ stock, go to TipRanks’ Stock Analysis page.