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Just 2 weeks after issuing positive comments about the company, BMO is downgrading Build-A-Bear...

Just 2 weeks after issuing positive comments about the company, BMO is downgrading Build-A-Bear Workshop (BBW -3.2%) to Market Perform, and sending shares lower in the process. BMO says it has lost confidence in management's ability to execute a turnaround, following Build-A-Bear's Q4 miss, and is unsure if announced restructuring plans will generate sufficient returns for shareholders.
Comments (1)
  • Tommy_Finger
    , contributor
    Comments (320) | Send Message
     
    They probably needed that couple of weeks to unload their position.
    5 Mar 2012, 10:34 AM Reply Like
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