Furniture Brands stock rebounds 17% in Wednesday trading
Furniture Brands International's stock price rose 17% Wednesday to recover some of the value it lost in the previous two days of trading, when it fell more than 30%.
Furniture Brands International's stock price rose 17% Wednesday to recover some of the value it lost in the previous two days of trading, when it fell more than 30%.
The manufacturer and importer's stock closed Wednesday on the New York Stock Exchange at $5.17.
Last week, the company enacted a 1-for-7 reverse stock split, exchanging seven shares of the previous stock for one share of new stock.
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