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Pep Boys (PBY-OLD -22.6%) craters after the company warns that Q1 results will fall below the...

May 01, 2012 10:10 AM ETPep Boys Manny Moe & Jack (PBY-OLD) StockPBY-OLDBy: Clark Schultz, SA News Editor
Pep Boys (PBY-OLD -22.6%) craters after the company warns that Q1 results will fall below the estimates of analysts due to what it calls a "variety of factors." Shares are also reportedly moving due to concerns from potential-acquirer Gores Group on the serious deterioration in Pep Boys' business.

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