PIR - Pier 1 Stock Corrects 2019 Gains: What Can Investors Expect Next?
Pier 1 stock has corrected nearly all its gains of 2019. It’s a disappointing realization for investors who hoped Pier 1 Imports (NYSE:PIR) was bucking the downward trend.
Where to now for PIR stock?
Pier 1 StockIt’s been a sad but familiar tale for retailer Pier 1. For quite some time now, the company has struggled due to the massive impact of online-only home furnishing retailers.
Simply put, online-only retailers often price their wares far lower than their traditional brick and mortar counterparts. For one thing, operational costs are much lower, ...
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