Leslie's Stock Plunges Following Chapter 11 Bankruptcy Reports
Leslie's shares are plunging Friday following reports that the company is preparing to file for Chapter 11 bankruptcy as soon as next week.
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Why It Matters
Leslie's is having money troubles and may need to reorganize in court soon. When a company files for bankruptcy, it means the business is struggling hard financially.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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