.... means that 600 underperforming stores will be shut down just this year. What a complete 180. From being one of those companies that was spreading like wildfire, now they are closing down stores and taking a $348 million charge.
As soon as they made the announcement on Wednesday, trading was halted.
Yet in after hours, shares were up five percent. If they didn't go down on this news, chances are they'll move even higher over the next few days.
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