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The stock of Big Lots (NYSE:BIG, 30-year Financials) shows every sign of being significantly overvalued, according to GuruFocus Value calculation.
Big Lots, Inc. (NYSE:BIG) stock faced a massive selloff following its earnings report. The modest multiple, along with increasing profits and dividends in a recession-proof business makes Big Lots ...
The stock of Big Lots (NYSE:BIG, 30-year Financials) appears to be significantly overvalued, according to GuruFocus Value calculation.
The chain has also received a notice from the New York Stock Exchange because the average closing price of its shares was below $1 over a consecutive 30 trading-day period. The notice doesn't mean that Big Lots' stock will be immediately delisted as the company can appeal. In premarket trading shares slid 40% to 30 cents. 09/09/2024 09:17 -0400
Let's see if Big Lots (BIG) stock is a good choice for value-oriented investors right now from multiple angles.
The notice doesn't mean that Big Lots' stock will be immediately delisted as the company can appeal. —The Associated Press contributed to this report. James Earl Jones dies at 93.
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