Avery Schumer
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Avery Schumer in Insider trading,

Aaron's Faces Rising Losses, So What Should Investors Do?

Aaron's, Inc. shares have lost 32 percent in the past one month, declining steeply from $40.46 on October 12.

Cantor Fitzgerald’s Laura Champine downgraded the rating on the company to Hold, while reducing the price target from $47 to $27.

The sharp increase in bad debt expenses in the company’s Progressive business is an area of concern, Champine noted.