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Why Pier 1 Imports Stock Lost 40% in 2017 So Far

TheMotleyFool

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Why Pier 1 Imports Stock Lost 40% in 2017 So Far

Specialty retailer Pier 1 Imports' (NYSE: PIR) stock shed 40% through the first half of 2017, according to data provided by S&P Global Market Intelligence.

The slump has added to a brutal four-year stretch for shareholders, who have seen the stock decline by 80% since it peaked in the summer of 2013.