Rent-A-Center stock continues downward spiral, hits over 2-year low on dimmed outlook

Sep. 30, 2022 8:51 AM ETRent-A-Center, Inc. (RCII)By: Jessica Kuruthukulangara, SA News Editor

Rent-a-Center To Close Over 150 Stores

Tim Boyle

  • Rent-A-Center (NASDAQ:RCII) stock extended losses on Friday, falling as much as 19.4% to an over two-year low, after the rent-to-own firm reduced its Q3 forecast.
  • Over 1.4M shares changed hands as of 11.08 am ET vs. average trading volume of 631.7K.

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