That process started Saturday, April 8. HHGregg notes it does not anticipate any value will remain from the bankruptcy estate for the holders of its common stock, although this will be determined in the continuing bankruptcy proceedings. …
Patch5mon
Speaking of short sellers... While bears can't short any shares of HGG today, 29% of the stock's total available float is already wrapped up in short interest. And at hhgregg, Inc.'s (NYSE:HGG) typical pace of trading, it would take more …
The bankruptcy is expected to wipe out the value of HHGregg's common stock. As Riesbeck was working to reinvent HHGregg last year, he offered a blunt assessment of the company that could be considered its epitaph.
In 2007 it began trading publicly on the New York Stock Exchange as HHG. Today, HHGregg has 208 stores in states ranging from Illinois to Florida and the East Coast. The company promises knowledgeable, commissioned sales people …
Appliances and electronics retailer hhgregg Inc is preparing to file for bankruptcy as ... The Indianapolis, Indiana-based company's stock has lost more than three-fourth of its value in the last 12 months. (Reporting by Gayathree Ganesan in …
HHGregg, founded in 1955, operates about 220 stores in 19 states. The company sells mobile phones, tablets and PCs, along with an exclusive deal with Verizon Wireless. Other products include TVs, mattresses, furniture and appliances. …
Electronics and appliance retailer hhgregg will begin liquidating its assets today after ... for liquidation and will be available for purchase until the retailer’s stock is depleted. The Vindicator’s broadcast partner, 21 WFMJ-TV, reported that ...
Earlier this month, HHGregg received notice from the New York Stock Exchange for failing to meet the minimum listing price requirement. The company was warned that it could be delisted.