Tuesday, July 29, 2008

Lee trades at 27-year low

Lee stock hit $2.87 on Monday -- the new low -- before "bouncing back" to close at $2.90. The company has been publicly traded for 30 years; that means it could set a new record low today! Or tomorrow!

From the AP story published Monday:

Lee shares slid 22 cents, or 7 percent, to $2.90. The stock earlier traded as low as $2.87.

Earlier this month, shares hit $2.99, their lowest point in at least 27 years.

Right now, the stock is up to $3.03. (Get the latest stock quote with that link.)

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