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Fly News Breaks for January 2, 2018
RCII
Jan 2, 2018 | 12:16 EDT
After Rent-A-Center announced that Mark Speese has resigned as CEO, Loop Capital analyst Anthony Chukumba called the news "another bad sign" that likely indicates that Speese was fed up with dealing with an activist investor pushing for a sale, Rent-A-Center continued to underperform in Q4, or both. Chukumba keeps his Sell rating and $8 price target on Rent-A-Center shares.
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