A2: Borders
MarketWatch reports that stock for Ann Arbor-based Borders Group dropped as much as 22% Friday – to under $1 a share – following news that the bookstore chain has postponed payment to some vendors to conserve cash. [Source]
MarketWatch reports that stock for Ann Arbor-based Borders Group dropped as much as 22% Friday – to under $1 a share – following news that the bookstore chain has postponed payment to some vendors to conserve cash. [Source]