07-16-02
RTO Online Rent Way stock, volatile on its best day,
lost over 25% of its value today on extremely heavy volume. This comes days
after the announcement of the civil suit moving forward, and ahead of any
quarterly earnings announcement, and on the heels of the number 1 and 3
RTO operators announcing better than expected earnings... Rumors
abound, from selling locations to upper management moves...but few verifiable
facts boil to the surface. While a 25% drop in value in a single day is a
bloodbath by any standard, it bears repeating that Rent Way stock is still up
over 17% for the year. Stay tuned for developments... Check
all the stock charts here end
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