Shares of Conn's (Nasdaq:CONN) were gapping down Thursday morning with an open price 13.7% lower than Wednesday's closing price. The stock closed at $12.22 yesterday and opened today's trading at $10.55.
NEW YORK ( TheStreet) -- Shares of Conn's (Nasdaq: CONN) were gapping down Thursday morning with an open price 13.7% lower than Wednesday's closing price. The stock closed at $12.22 Wednesday and opened today's trading at $10.55. The average volume for Conn's has been 227,200 shares per day over the past 30 days. Conn's has a market cap of $393.7 million and is part of the services sector and retail industry. Shares are up 161.1% year to date as of the close of trading on Wednesday. Conn's, Inc. operates as a specialty retailer of home appliances, consumer electronics, home office equipment, lawn and garden products, mattresses, and furniture in the United States. TheStreet Ratings rates Conn's as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full Conn's Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping down? Get free SMS text alerts sent to you when the action happens by texting DOWN to 95370 or select from multiple alert options.