CONN - Why Furniture Retailer Conn's Shares Are Getting Battered On Tuesday | Benzinga
Furniture retailer Conn’s Inc (NASDAQ:CONN), known for discount home goods, is seeing its shares plunge premarket after the news of a potential bankruptcy filing, as sales have declined and challenges integrating a rival chain persist.
The retailer, catering primarily to lower-income consumers, might seek Chapter 11 protection in the coming weeks, according to a report from Bloomberg.
Plans are not final and could ...