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Big Lots Files Bankruptcy Report Amidst Board Reshuffle

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Big Lots Files Bankruptcy Report Amidst Board Reshuffle

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Big Lots ( (BIGGQ) ) has provided an announcement.

On January 15, 2025, Big Lots’ Board of Directors appointed Elizabeth A. LaPuma as a director, following the resignation of all other board members effective January 31, 2025. The company, undergoing Chapter 11 bankruptcy proceedings, filed its December Monthly Operating Report on February 3, 2025, cautioning stakeholders about the speculative nature of trading its securities and potential complete loss for common shareholders. The report, not audited or prepared according to standard accounting principles, highlights the financial instability and uncertain future performance of the company.

More about Big Lots

YTD Price Performance: -56.00%

Average Trading Volume: 696,710

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.27M

For a thorough assessment of BIGGQ stock, go to TipRanks’ Stock Analysis page.

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